Loan Comparison: 5.23% vs 6.5%
1523 Claremont, Pueblo, CO 81004 ยท 2bd/1ba ยท $137,000
List Price
$137,000
Assumable Rate
5.23%
Remaining Balance
$202,004
Equity Gap
$-65,004
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-65,004) is less than 5% of the purchase price ($6,850). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-65,004
Effective Rate
5.23%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$823/moAssumable @ 5.23%
$1,113/moYour Savings on This Property
1523 Claremont, Pueblo ยท 5.23% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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