🏠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
$352,952
Equity Gap
$6,048
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($6,048) is less than 5% of the purchase price ($17,950). Your down payment covers the full gap with no second mortgage required.

Down Payment
$6,048
Effective Rate
5.41%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,156/mo
Assumable @ 5.41%
$1,984/mo
$172less per month with the assumable

Your Savings on This Property

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

$172
per month
$2,058
per year
$61,751
over 30 years
$73,653
interest saved
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