Loan Comparison: 6.92% vs 6.5%

881 Memphis Way, Aurora, CO 80017 ยท 3bd/2ba ยท $499,990

List Price
$499,990
Assumable Rate
6.92%
Remaining Balance
$480,486
Equity Gap
$19,503
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($19,503) is less than 5% of the purchase price ($25,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$19,503
Effective Rate
6.92%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,002/mo
Assumable @ 6.92%
$3,171/mo

Your Savings on This Property

881 Memphis Way, Aurora ยท 6.92% FHA vs 6.5% conventional

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