Loan Comparison: 3.02% vs 6.5%

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

List Price
$335,000
Assumable Rate
3.02%
Remaining Balance
$321,769
Equity Gap
$13,231
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($13,231) is less than 5% of the purchase price ($16,750). Your down payment covers the full gap with no second mortgage required.

Down Payment
$13,231
Effective Rate
3.02%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,012/mo
Assumable @ 3.02%
$1,360/mo
$651less per month with the assumable

Your Savings on This Property

1912 Greenwood Street, Pueblo ยท 3.02% FHA vs 6.5% conventional

$651
per month
$7,818
per year
$234,537
over 30 years
$238,056
interest saved
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