Loan Comparison: 2.84% vs 6.5%

1876 Pitkin, Aurora, CO 80017 ยท 2bd/2ba ยท $213,900

List Price
$213,900
Assumable Rate
2.84%
Remaining Balance
$203,384
Equity Gap
$10,516
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($10,516) is less than 5% of the purchase price ($10,695). Your down payment covers the full gap with no second mortgage required.

Down Payment
$10,516
Effective Rate
2.84%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,284/mo
Assumable @ 2.84%
$840/mo
$444less per month with the assumable

Your Savings on This Property

1876 Pitkin, Aurora ยท 2.84% FHA vs 6.5% conventional

$444
per month
$5,332
per year
$159,973
over 30 years
$160,152
interest saved
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