Loan Comparison: 5.52% vs 6.5%
305 64th, Greeley, CO 80634 · 3bd/2ba · $445,000
List Price
$445,000
Assumable Rate
5.52%
Remaining Balance
$423,505
Equity Gap
$21,495
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($21,495) is less than 5% of the purchase price ($22,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$21,495
Effective Rate
5.52%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,672/moAssumable @ 5.52%
$2,410/mo$262less per month with the assumable
Your Savings on This Property
305 64th, Greeley · 5.52% FHA vs 6.5% conventional
$262
per month
$3,146
per year
$94,369
over 30 years
$95,124
interest saved
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