🏠The Assumable Guy

Loan Comparison: 3.45% vs 6.5%

5571 Killarney, Denver, CO 80249 · 2bd/2ba · $415,000

List Price
$415,000
Assumable Rate
3.45%
Remaining Balance
$404,994
Equity Gap
$10,005
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($10,005) is less than 5% of the purchase price ($20,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$10,005
Effective Rate
3.45%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,492/mo
Assumable @ 3.45%
$1,807/mo
$685less per month with the assumable

Your Savings on This Property

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

$685
per month
$8,215
per year
$246,459
over 30 years
$257,203
interest saved
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