Loan Comparison: 5.52% vs 6.5%

8237 Parkglen, Fountain, CO 80817 ยท 3bd/3ba ยท $359,500

List Price
$359,500
Assumable Rate
5.52%
Remaining Balance
$386,948
Equity Gap
$-27,448
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-27,448) is less than 5% of the purchase price ($17,975). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-27,448
Effective Rate
5.52%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,159/mo
Assumable @ 5.52%
$2,202/mo

Your Savings on This Property

8237 Parkglen, Fountain ยท 5.52% FHA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$29,858
interest saved
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