Loan Comparison: 5.52% vs 6.5%
10504 Victor, Commerce City, CO 80022 ยท 4bd/3ba ยท $460,000
List Price
$460,000
Assumable Rate
5.52%
Remaining Balance
$503,498
Equity Gap
$-43,498
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-43,498) is less than 5% of the purchase price ($23,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-43,498
Effective Rate
5.52%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,762/moAssumable @ 5.52%
$2,865/moYour Savings on This Property
10504 Victor, Commerce City ยท 5.52% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$29,422
interest saved
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