🏠The Assumable Guy

Loan Comparison: 5.41% vs 6.5%

765 Mockingbird, Brighton, CO 80601 · 2bd/2ba · $359,000

List Price
$359,000
Assumable Rate
5.41%
Remaining Balance
$353,958
Equity Gap
$5,042
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($5,042) is less than 5% of the purchase price ($17,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$5,042
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,156/mo
Assumable @ 5.41%
$1,990/mo
$166less per month with the assumable

Your Savings on This Property

765 Mockingbird, Brighton · 5.41% FHA vs 6.5% conventional

$166
per month
$1,990
per year
$59,715
over 30 years
$72,623
interest saved
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