Loan Comparison: 6.3% vs 6.5%
9233 Lamar Street, Westminster, CO 80211 · 2bd/1ba · $599,900
List Price
$599,900
Assumable Rate
6.3%
Remaining Balance
$574,559
Equity Gap
$25,341
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($25,341) is less than 5% of the purchase price ($29,995). Your down payment covers the full gap with no second mortgage required.
Down Payment
$25,341
Effective Rate
6.3%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,602/moAssumable @ 6.3%
$3,556/mo$46less per month with the assumable
Your Savings on This Property
9233 Lamar Street, Westminster · 6.3% FHA vs 6.5% conventional
$46
per month
$550
per year
$16,496
over 30 years
$21,150
interest saved
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