Loan Comparison: 6.95% vs 6.5%
500 Denver Avenue, Fort Lupton, CO 80621 ยท 3bd/2ba ยท $380,000
List Price
$380,000
Assumable Rate
6.95%
Remaining Balance
$362,255
Equity Gap
$17,745
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($17,745) is less than 5% of the purchase price ($19,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$17,745
Effective Rate
6.95%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,282/moAssumable @ 6.95%
$2,398/moYour Savings on This Property
500 Denver Avenue, Fort Lupton 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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