Loan Comparison: 6.5% vs 6.5%
8198 Columbine Court, Centennial, CO 80122 ยท 2bd/2ba ยท $310,000
List Price
$310,000
Assumable Rate
6.5%
Remaining Balance
$300,247
Equity Gap
$9,753
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($9,753) is less than 5% of the purchase price ($15,500). Your down payment covers the full gap with no second mortgage required.
Down Payment
$9,753
Effective Rate
6.5%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,861/moAssumable @ 6.5%
$1,898/moYour Savings on This Property
8198 Columbine Court, Centennial 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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