Loan Comparison: 6.95% vs 6.5%
11678 Montoso Road, Parker, CO 80134 ยท 3bd/2ba ยท $819,000
List Price
$819,000
Assumable Rate
6.95%
Remaining Balance
$778,404
Equity Gap
$40,596
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($40,596) is less than 5% of the purchase price ($40,950). Your down payment covers the full gap with no second mortgage required.
Down Payment
$40,596
Effective Rate
6.95%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,918/moAssumable @ 6.95%
$5,153/moYour Savings on This Property
11678 Montoso Road, Parker ยท 6.95% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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