🏠The Assumable Guy

Loan Comparison: 5.23% vs 6.5%

9604 Chatfield, Littleton, CO 80128 · 2bd/1ba · $340,000

List Price
$340,000
Assumable Rate
5.23%
Remaining Balance
$324,036
Equity Gap
$16,445
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($16,445) is less than 5% of the purchase price ($17,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$16,445
Effective Rate
5.23%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,042/mo
Assumable @ 5.23%
$1,785/mo
$256less per month with the assumable

Your Savings on This Property

9604 Chatfield, Littleton · 5.23% FHA vs 6.5% conventional

$256
per month
$3,075
per year
$92,251
over 30 years
$93,287
interest saved
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