Loan Comparison: 2.88% vs 6.5%
10115 Arbor Place, Littleton, CO 80127 ยท 2bd/1ba ยท $525,000
List Price
$525,000
Assumable Rate
2.88%
Remaining Balance
$522,371
Equity Gap
$2,629
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($2,629) is less than 5% of the purchase price ($26,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$2,629
Effective Rate
2.88%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,152/moAssumable @ 2.88%
$2,169/mo$984less per month with the assumable
Your Savings on This Property
10115 Arbor Place, Littleton ยท 2.88% FHA vs 6.5% conventional
$984
per month
$11,805
per year
$354,155
over 30 years
$377,776
interest saved
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