Loan Comparison: 5.52% vs 6.5%
11250 Florence, Commerce City, CO 80640 ยท 2bd/4ba ยท $299,000
List Price
$299,000
Assumable Rate
5.52%
Remaining Balance
$365,834
Equity Gap
$-66,834
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-66,834) is less than 5% of the purchase price ($14,950). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-66,834
Effective Rate
5.52%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,795/moAssumable @ 5.52%
$2,082/moYour Savings on This Property
11250 Florence, Commerce City ยท 5.52% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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