Loan Comparison: 6.81% vs 6.5%
755 Holland Street, Lakewood, CO 80215 ยท 2bd/3ba ยท $840,000
List Price
$840,000
Assumable Rate
6.81%
Remaining Balance
$802,690
Equity Gap
$37,309
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($37,309) is less than 5% of the purchase price ($42,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$37,309
Effective Rate
6.81%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,044/moAssumable @ 6.81%
$5,238/moYour Savings on This Property
755 Holland Street, Lakewood ยท 6.81% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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