🏠The Assumable Guy

Loan Comparison: 2.9% vs 6.5%

15296 66th, Arvada, CO 80007 · 3bd/3ba · $499,900

List Price
$499,900
Assumable Rate
2.9%
Remaining Balance
$480,250
Equity Gap
$19,650
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($19,650) is less than 5% of the purchase price ($24,995). Your down payment covers the full gap with no second mortgage required.

Down Payment
$19,650
Effective Rate
2.9%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,002/mo
Assumable @ 2.9%
$1,999/mo
$1,003less per month with the assumable

Your Savings on This Property

15296 66th, Arvada · 2.9% FHA vs 6.5% conventional

$1,003
per month
$12,033
per year
$361,000
over 30 years
$366,345
interest saved
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