🏠The Assumable Guy

Loan Comparison: 2.98% vs 6.5%

14331 Tennessee, Aurora, CO 80012 · 2bd/2ba · $294,999

List Price
$294,999
Assumable Rate
2.98%
Remaining Balance
$287,904
Equity Gap
$6,461
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($6,461) is less than 5% of the purchase price ($14,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$6,461
Effective Rate
2.98%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,771/mo
Assumable @ 2.98%
$1,211/mo
$561less per month with the assumable

Your Savings on This Property

14331 Tennessee, Aurora · 2.98% FHA vs 6.5% conventional

$561
per month
$6,728
per year
$201,835
over 30 years
$209,490
interest saved
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