Loan Comparison: 6.5% vs 6.5%
6270 Ashridge Court, Colorado Springs, CO 80922 ยท 3bd/3ba ยท $429,900
List Price
$429,900
Assumable Rate
6.5%
Remaining Balance
$411,340
Equity Gap
$18,560
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($18,560) is less than 5% of the purchase price ($21,495). Your down payment covers the full gap with no second mortgage required.
Down Payment
$18,560
Effective Rate
6.5%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,581/moAssumable @ 6.5%
$2,600/moYour Savings on This Property
6270 Ashridge Court, Colorado Springs ยท 6.5% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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