Loan Comparison: 6.15% vs 6.5%
1295 Dillon Way, Aurora, CO 80012 ยท 4bd/3ba ยท $315,000
List Price
$315,000
Assumable Rate
6.15%
Remaining Balance
$313,216
Equity Gap
$1,784
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($1,784) is less than 5% of the purchase price ($15,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$1,784
Effective Rate
6.15%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,891/moAssumable @ 6.15%
$1,908/moYour Savings on This Property
1295 Dillon Way, Aurora ยท 6.15% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$7,941
interest saved
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