🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

1453 Pierce, Lakewood, CO 80232 · 4bd/2ba · $325,000

List Price
$325,000
Assumable Rate
5.41%
Remaining Balance
$367,929
Equity Gap
$-42,929
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-42,929) is less than 5% of the purchase price ($16,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-42,929
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,952/mo
Assumable @ 5.41%
$2,068/mo

Your Savings on This Property

1453 Pierce, Lakewood · 5.41% FHA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$17,123
interest saved
🏠

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