Loan Comparison: 6.69% vs 6.5%
4320 Grant Street, Englewood, CO 80113 ยท 4bd/4ba ยท $550,000
List Price
$550,000
Assumable Rate
6.69%
Remaining Balance
$530,819
Equity Gap
$19,181
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($19,181) is less than 5% of the purchase price ($27,500). Your down payment covers the full gap with no second mortgage required.
Down Payment
$19,181
Effective Rate
6.69%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,303/moAssumable @ 6.69%
$3,422/moYour Savings on This Property
4320 Grant Street, Englewood ยท 6.69% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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