Loan Comparison: 6.5% vs 6.5%
667 Burro Drive, Pueblo, CO 81007 ยท 3bd/2ba ยท $315,000
List Price
$315,000
Assumable Rate
6.5%
Remaining Balance
$311,339
Equity Gap
$3,660
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($3,660) is less than 5% of the purchase price ($15,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$3,660
Effective Rate
6.5%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,891/moAssumable @ 6.5%
$1,968/moYour Savings on This Property
667 Burro Drive, Pueblo ยท 6.5% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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