🏠The Assumable Guy

Loan Comparison: 3.02% vs 6.5%

13606 Bates, Aurora, CO 80014 · 2bd/2ba · $174,900

List Price
$174,900
Assumable Rate
3.02%
Remaining Balance
$167,216
Equity Gap
$6,524
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($6,524) is less than 5% of the purchase price ($8,745). Your down payment covers the full gap with no second mortgage required.

Down Payment
$6,524
Effective Rate
3.02%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,050/mo
Assumable @ 3.02%
$707/mo
$343less per month with the assumable

Your Savings on This Property

13606 Bates, Aurora · 3.02% FHA vs 6.5% conventional

$343
per month
$4,121
per year
$123,631
over 30 years
$124,692
interest saved
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