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
FHA

No 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/mo
Assumable @ 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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