🏠The Assumable Guy

Loan Comparison: 4.98% vs 6.5%

7995 Mississippi, Denver, CO 80247 · 2bd/2ba · $290,000

List Price
$290,000
Assumable Rate
4.98%
Remaining Balance
$369,171
Equity Gap
$-79,171
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-79,171) is less than 5% of the purchase price ($14,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-79,171
Effective Rate
4.98%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,741/mo
Assumable @ 4.98%
$1,977/mo

Your Savings on This Property

7995 Mississippi, Denver · 4.98% FHA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$8,735
interest saved
🏠

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