🏠The Assumable Guy

Loan Comparison: 4.17% vs 6.5%

6750 Clermont, Commerce City, CO 80022 · 2bd/1ba · $245,000

List Price
$245,000
Assumable Rate
4.17%
Remaining Balance
$355,307
Equity Gap
$-110,307
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-110,307) is less than 5% of the purchase price ($12,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-110,307
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,471/mo
Assumable @ 4.17%
$1,731/mo

Your Savings on This Property

6750 Clermont, Commerce City · 4.17% FHA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$28,900
interest saved
🏠

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