Loan Comparison: 6.88% vs 6.5%
803 Tia Juana Street, Colorado Springs, CO 80909 ยท 4bd/3ba ยท $364,950
List Price
$364,950
Assumable Rate
6.88%
Remaining Balance
$351,898
Equity Gap
$13,052
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($13,052) is less than 5% of the purchase price ($18,248). Your down payment covers the full gap with no second mortgage required.
Down Payment
$13,052
Effective Rate
6.88%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,191/moAssumable @ 6.88%
$2,313/moYour Savings on This Property
803 Tia Juana Street, Colorado Springs ยท 6.88% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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