🏠The Assumable Guy

Loan Comparison: 2.83% vs 6.5%

14343 Dickinson, Aurora, CO 80014 · 1bd/1ba · $199,000

List Price
$199,000
Assumable Rate
2.83%
Remaining Balance
$228,485
Equity Gap
$-29,485
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-29,485) is less than 5% of the purchase price ($9,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-29,485
Effective Rate
2.83%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,195/mo
Assumable @ 2.83%
$942/mo
$252less per month with the assumable

Your Savings on This Property

14343 Dickinson, Aurora · 2.83% FHA vs 6.5% conventional

$252
per month
$3,029
per year
$90,880
over 30 years
$130,315
interest saved
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