🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

1453 Pierce, Lakewood, CO 80232 · 4bd/2ba · $348,000

List Price
$348,000
Assumable Rate
5.41%
Remaining Balance
$368,449
Equity Gap
$-20,449
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-20,449) is less than 5% of the purchase price ($17,400). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-20,449
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,090/mo
Assumable @ 5.41%
$2,071/mo
$18less per month with the assumable

Your Savings on This Property

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

$18
per month
$220
per year
$6,610
over 30 years
$44,459
interest saved
🏠

Back to This Listing

View photos, details, and request a showing for 1453 Pierce.

View Listing Details
📈

Interested in This Home?

Get full loan details and schedule a showing. Free, no obligation.

Free. No spam. We personally respond within 24 hours.

By submitting, you consent to be contacted by The Assumable Guy via phone, text, and email regarding assumable mortgage properties. Message & data rates may apply. Reply STOP to opt out.