Loan Comparison: 6.63% vs 6.5%

5269 Painted Sky View, Colorado Springs, CO 80916 ยท 3bd/2ba ยท $357,000

List Price
$357,000
Assumable Rate
6.63%
Remaining Balance
$343,977
Equity Gap
$13,022
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($13,022) is less than 5% of the purchase price ($17,850). Your down payment covers the full gap with no second mortgage required.

Down Payment
$13,022
Effective Rate
6.63%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,144/mo
Assumable @ 6.63%
$2,204/mo

Your Savings on This Property

5269 Painted Sky View, Colorado Springs ยท 6.63% FHA vs 6.5% conventional

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