🏠The Assumable Guy

Loan Comparison: 4.17% vs 6.5%

1680 Mexico, Denver, CO 80223 · 3bd/1ba · $399,900

List Price
$399,900
Assumable Rate
4.17%
Remaining Balance
$439,498
Equity Gap
$-39,598
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-39,598) is less than 5% of the purchase price ($19,995). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-39,598
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,401/mo
Assumable @ 4.17%
$2,142/mo
$260less per month with the assumable

Your Savings on This Property

1680 Mexico, Denver · 4.17% FHA vs 6.5% conventional

$260
per month
$3,117
per year
$93,501
over 30 years
$153,094
interest saved
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