Loan Comparison: 3.07% vs 6.5%
2826 Lansing, Aurora, CO 80014 · 3bd/3ba · $330,000
List Price
$330,000
Assumable Rate
3.07%
Remaining Balance
$332,718
Equity Gap
$-2,718
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-2,718) is less than 5% of the purchase price ($16,500). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-2,718
Effective Rate
3.07%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,982/moAssumable @ 3.07%
$1,415/mo$566less per month with the assumable
Your Savings on This Property
2826 Lansing, Aurora · 3.07% FHA vs 6.5% conventional
$566
per month
$6,794
per year
$203,828
over 30 years
$223,046
interest saved
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