🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

1680 Tower, Aurora, CO 80017 · 2bd/3ba · $365,000

List Price
$365,000
Assumable Rate
5.41%
Remaining Balance
$379,576
Equity Gap
$-14,576
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-14,576) is less than 5% of the purchase price ($18,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-14,576
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,192/mo
Assumable @ 5.41%
$2,134/mo
$58less per month with the assumable

Your Savings on This Property

1680 Tower, Aurora · 5.41% FHA vs 6.5% conventional

$58
per month
$695
per year
$20,840
over 30 years
$53,666
interest saved
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