Loan Comparison: 2.94% vs 6.5%

1912 Greenwood Street, Pueblo, CO 81003 ยท 4bd/2ba ยท $335,000

List Price
$335,000
Assumable Rate
2.94%
Remaining Balance
$321,290
Equity Gap
$13,709
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($13,709) is less than 5% of the purchase price ($16,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$13,709
Effective Rate
2.94%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,012/mo
Assumable @ 2.94%
$1,344/mo
$667less per month with the assumable

Your Savings on This Property

1912 Greenwood Street, Pueblo ยท 2.94% FHA vs 6.5% conventional

$667
per month
$8,008
per year
$240,249
over 30 years
$243,289
interest saved
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