Loan Comparison: 5.52% vs 6.5%
1353 Reynolds, Fort Lupton, CO 80621 ยท 3bd/3ba ยท $341,000
List Price
$341,000
Assumable Rate
5.52%
Remaining Balance
$359,239
Equity Gap
$-18,239
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-18,239) is less than 5% of the purchase price ($17,050). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-18,239
Effective Rate
5.52%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,048/moAssumable @ 5.52%
$2,044/mo$3less per month with the assumable
Your Savings on This Property
1353 Reynolds, Fort Lupton ยท 5.52% FHA vs 6.5% conventional
$3
per month
$40
per year
$1,208
over 30 years
$36,497
interest saved
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