Latest / The Assumable Guy Show
The Equity Gap (And How to Cover It With 5% Down)
The #1 thing that stops buyers from assuming a mortgage is the equity gap, the difference between what the home is worth and the remaining loan balance. Sometimes it's $15,000. Sometimes it's $100,000.
In this episode, Ryan explains what the equity gap is, shares real client examples (Jeremy: 15k down, 2.65% rate / Ben and Liz: 16k down, 2.99% rate), and walks through the 5% down solution with a second mortgage. He runs the actual blended rate math to prove that even with a 9% second mortgage, you're still saving over $900 a month compared to a new conventional loan.
If the down payment is…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.