🏠The Assumable Guy

Loan Comparison: 1.68% vs 6.5%

509 11th, Gilcrest, CO 80623 · 3bd/1ba · $325,000

List Price
$325,000
Assumable Rate
1.68%
Remaining Balance
$385,089
Equity Gap
$-60,089
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-60,089) is less than 5% of the purchase price ($16,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-60,089
Effective Rate
1.68%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,952/mo
Assumable @ 1.68%
$1,363/mo
$589less per month with the assumable

Your Savings on This Property

509 11th, Gilcrest · 1.68% FHA vs 6.5% conventional

$589
per month
$7,068
per year
$212,031
over 30 years
$288,370
interest saved
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