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
FHANo 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/moAssumable @ 6.92%
$3,171/moYour 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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