Loan Comparison: 6.54% vs 6.5%
5266 Sidewinder Drive, Colorado Springs, CO 80925 ยท 3bd/3ba ยท $490,000
List Price
$490,000
Assumable Rate
6.54%
Remaining Balance
$466,689
Equity Gap
$23,311
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($23,311) is less than 5% of the purchase price ($24,500). Your down payment covers the full gap with no second mortgage required.
Down Payment
$23,311
Effective Rate
6.54%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,942/moAssumable @ 6.54%
$2,962/moYour Savings on This Property
5266 Sidewinder Drive, Colorado Springs ยท 6.54% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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