🏠The Assumable Guy

Loan Comparison: 2.9% vs 6.5%

2751 Salida, Aurora, CO 80013 · 5bd/2ba · $380,000

List Price
$380,000
Assumable Rate
2.9%
Remaining Balance
$497,614
Equity Gap
$-117,614
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-117,614) is less than 5% of the purchase price ($19,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-117,614
Effective Rate
2.9%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,282/mo
Assumable @ 2.9%
$2,071/mo
$211less per month with the assumable

Your Savings on This Property

2751 Salida, Aurora · 2.9% FHA vs 6.5% conventional

$211
per month
$2,527
per year
$75,797
over 30 years
$212,411
interest saved
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