Loan Comparison: 7.07% vs 6.5%

3758 Catmint Street, Wellington, CO 80549 ยท 5bd/3ba ยท $469,000

List Price
$469,000
Assumable Rate
7.07%
Remaining Balance
$452,705
Equity Gap
$16,294
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($16,294) is less than 5% of the purchase price ($23,450). Your down payment covers the full gap with no second mortgage required.

Down Payment
$16,294
Effective Rate
7.07%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,816/mo
Assumable @ 7.07%
$3,033/mo

Your Savings on This Property

3758 Catmint Street, Wellington ยท 7.07% FHA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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