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
$333,421
Equity Gap
$-3,421
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-3,421) is less than 5% of the purchase price ($16,500). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-3,421
Effective Rate
3.07%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,982/mo
Assumable @ 3.07%
$1,418/mo
$563less per month with the assumable

Your Savings on This Property

2826 Lansing, Aurora · 3.07% FHA vs 6.5% conventional

$563
per month
$6,758
per year
$202,751
over 30 years
$222,672
interest saved
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