Loan Comparison: 6.95% vs 6.5%
4432 Samaritan Loop, Colorado Springs, CO 80916 ยท 3bd/3ba ยท $355,000
List Price
$355,000
Assumable Rate
6.95%
Remaining Balance
$339,779
Equity Gap
$15,221
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($15,221) is less than 5% of the purchase price ($17,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$15,221
Effective Rate
6.95%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,132/moAssumable @ 6.95%
$2,249/moYour Savings on This Property
4432 Samaritan Loop, Colorado Springs ยท 6.95% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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