🏠The Assumable Guy

Loan Comparison: 2.36% vs 6.5%

1590 10th, Loveland, CO 80537 · 3bd/2ba · $424,900

List Price
$424,900
Assumable Rate
2.36%
Remaining Balance
$464,511
Equity Gap
$-39,611
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-39,611) is less than 5% of the purchase price ($21,245). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-39,611
Effective Rate
2.36%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,551/mo
Assumable @ 2.36%
$1,802/mo
$750less per month with the assumable

Your Savings on This Property

1590 10th, Loveland · 2.36% FHA vs 6.5% conventional

$750
per month
$8,996
per year
$269,865
over 30 years
$330,721
interest saved
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