🏠The Assumable Guy

Loan Comparison: 2.74% vs 6.5%

100 Park, Denver, CO 80205 · 1bd/1ba · $210,000

List Price
$210,000
Assumable Rate
2.74%
Remaining Balance
$286,921
Equity Gap
$-76,921
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-76,921) is less than 5% of the purchase price ($10,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-76,921
Effective Rate
2.74%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,261/mo
Assumable @ 2.74%
$1,170/mo
$91less per month with the assumable

Your Savings on This Property

100 Park, Denver · 2.74% FHA vs 6.5% conventional

$91
per month
$1,094
per year
$32,819
over 30 years
$120,240
interest saved
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