Loan Comparison: 4.17% vs 6.5%

15660 Mexico, Aurora, CO 80017 ยท 2bd/2ba ยท $349,900

List Price
$349,900
Assumable Rate
4.17%
Remaining Balance
$343,186
Equity Gap
$6,714
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($6,714) is less than 5% of the purchase price ($17,495). Your down payment covers the full gap with no second mortgage required.

Down Payment
$6,714
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,101/mo
Assumable @ 4.17%
$1,672/mo
$429less per month with the assumable

Your Savings on This Property

15660 Mexico, Aurora ยท 4.17% FHA vs 6.5% conventional

$429
per month
$5,145
per year
$154,365
over 30 years
$165,146
interest saved
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