Loan Comparison: 4.75% vs 6.5%
14220 Alpine Lily Trail, Parker, CO 80134 ยท 2bd/2ba ยท $518,000
List Price
$518,000
Assumable Rate
4.75%
Remaining Balance
$504,348
Equity Gap
$13,652
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($13,652) is less than 5% of the purchase price ($25,900). Your down payment covers the full gap with no second mortgage required.
Down Payment
$13,652
Effective Rate
4.75%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,110/moAssumable @ 4.75%
$2,631/mo$479less per month with the assumable
Your Savings on This Property
14220 Alpine Lily Trail, Parker ยท 4.75% FHA vs 6.5% conventional
$479
per month
$5,754
per year
$172,616
over 30 years
$184,864
interest saved
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