Loan Comparison: 6.81% vs 6.5%
5240 Routt Court, Arvada, CO 80002 · 3bd/4ba · $499,999
List Price
$499,999
Assumable Rate
6.81%
Remaining Balance
$478,598
Equity Gap
$21,401
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($21,401) is less than 5% of the purchase price ($25,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$21,401
Effective Rate
6.81%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,002/moAssumable @ 6.81%
$3,123/moYour Savings on This Property
5240 Routt Court, Arvada · 6.81% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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