Assumable Mortgage Analysis Tool | Explore Mortgage Options Today

Assumable Mortgage Analyzer

See what a home with an assumable low-rate mortgage can sell for above appraisal, and how a buyer would structure the deal with cash or a HELOC.

Property & Assumed Mortgage

Appraised Value

Assumed Loan Balance

Assumed Rate

Remaining Term (Yrs)

Original Loan Type

Gap Financing

Gap (Appraisal - Assumed Balance)

$130,000

How will the buyer cover the gap?

HELOC Details

CLTV (on Appraisal) Combined Loan-to-Value based on the appraised value. The HELOC lender uses appraisal, not purchase price. Most cap at 85-90%.

Cash (Gap Portion)

HELOC Amount $85,000

HELOC Rate

HELOC Term (Yrs)

HELOC Payment Type

Calculated HELOC Payment $0

Use custom payment (from pricing engine)

New Mortgage Comparison

Current Market Rate

New Loan Term

Down Payment

Analysis Settings

Analysis Period How many years to project equity. Most homeowners sell or refinance within 7 years.

yrs

Home Appreciation

%/yr

Equity Discount A buyer won't pay 100% of the rate savings as a premium. This adjusts how much of the total rate advantage the seller can realistically capture. 50% is a reasonable starting point.

Annual Property Tax

Annual Insurance

Opportunity Cost

Expected Market Return Nominal annual return on alternative investments. S&P 500 has averaged roughly 8-10%. Inflation is subtracted automatically to show real opportunity cost.

%/yr

Inflation Rate

%/yr

Potential Sale Price

Equity Position Over Analysis Period

Assumption Equity

New Mortgage Equity

Estimate only. Actual rates, payments, and costs will vary. Mortgage assumption availability depends on loan type and servicer. HELOC rates are variable. Resale premium is an estimate based on rate savings and is not guaranteed. Old Town Mortgage NMLS #1790945. Equal Housing Opportunity.

Assumable Mortgage Analyzer

Location

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