Loan Comparison: 5.52% vs 6.5%
4073 Quatar, Aurora, CO 80019 · 3bd/3ba · $500,000
List Price
$500,000
Assumable Rate
5.52%
Remaining Balance
$494,866
Equity Gap
$3,764
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($3,764) is less than 5% of the purchase price ($25,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$3,764
Effective Rate
5.52%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,002/moAssumable @ 5.52%
$2,816/mo$186less per month with the assumable
Your Savings on This Property
4073 Quatar, Aurora · 5.52% FHA vs 6.5% conventional
$186
per month
$2,236
per year
$67,074
over 30 years
$86,940
interest saved
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