🏠The Assumable Guy

Loan Comparison: 3.45% vs 6.5%

5571 Killarney, Denver, CO 80249 · 2bd/2ba · $380,000

List Price
$380,000
Assumable Rate
3.45%
Remaining Balance
$403,377
Equity Gap
$-23,377
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-23,377) is less than 5% of the purchase price ($19,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-23,377
Effective Rate
3.45%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,282/mo
Assumable @ 3.45%
$1,800/mo
$482less per month with the assumable

Your Savings on This Property

5571 Killarney, Denver · 3.45% FHA vs 6.5% conventional

$482
per month
$5,780
per year
$173,398
over 30 years
$215,775
interest saved
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