Loan Comparison: 2.9% vs 6.5%
5672 Lowell, Littleton, CO 80123 · 3bd/3ba · $345,000
List Price
$345,000
Assumable Rate
2.9%
Remaining Balance
$343,665
Equity Gap
$1,334
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($1,334) is less than 5% of the purchase price ($17,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$1,334
Effective Rate
2.9%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,072/moAssumable @ 2.9%
$1,430/mo$641less per month with the assumable
Your Savings on This Property
5672 Lowell, Littleton · 2.9% FHA vs 6.5% conventional
$641
per month
$7,694
per year
$230,820
over 30 years
$246,735
interest saved
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