🏠The Assumable Guy

Loan Comparison: 2.81% vs 6.5%

1287 Walters, Monument, CO 80132 · 2bd/3ba · $2,350

List Price
$2,350
Assumable Rate
2.81%
Remaining Balance
$290,678
Equity Gap
$-288,328
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-288,328) is less than 5% of the purchase price ($118). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-288,328
Effective Rate
2.81%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$14/mo
Assumable @ 2.81%
$1,196/mo

Your Savings on This Property

1287 Walters, Monument · 2.81% FHA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$0
interest saved
🏠

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