🏠The Assumable Guy

Loan Comparison: 5.22% vs 6.5%

1811 Quebec, Denver, CO 80231 · 2bd/2ba · $316,000

List Price
$316,000
Assumable Rate
5.22%
Remaining Balance
$349,367
Equity Gap
$-33,367
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-33,367) is less than 5% of the purchase price ($15,800). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-33,367
Effective Rate
5.22%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,897/mo
Assumable @ 5.22%
$1,923/mo

Your Savings on This Property

1811 Quebec, Denver · 5.22% FHA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$40,072
interest saved
🏠

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