🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

1680 Tower, Aurora, CO 80017 · 2bd/3ba · $375,000

List Price
$375,000
Assumable Rate
5.41%
Remaining Balance
$380,658
Equity Gap
$-5,658
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-5,658) is less than 5% of the purchase price ($18,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-5,658
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,252/mo
Assumable @ 5.41%
$2,140/mo
$112less per month with the assumable

Your Savings on This Property

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

$112
per month
$1,342
per year
$40,267
over 30 years
$64,675
interest saved
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