Loan Comparison: 5.52% vs 6.5%

205 45th Avenue Court, Greeley, CO 80634 ยท 3bd/2ba ยท $385,000

List Price
$385,000
Assumable Rate
5.52%
Remaining Balance
$384,229
Equity Gap
$771
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($771) is less than 5% of the purchase price ($19,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$771
Effective Rate
5.52%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,312/mo
Assumable @ 5.52%
$2,186/mo
$125less per month with the assumable

Your Savings on This Property

205 45th Avenue Court, Greeley ยท 5.52% FHA vs 6.5% conventional

$125
per month
$1,504
per year
$45,128
over 30 years
$63,607
interest saved
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