Loan Comparison: 3.45% vs 6.5%

12234 Berkeley, Denver, CO 80239 · 5bd/2ba · $439,900

List Price
$439,900
Assumable Rate
3.45%
Remaining Balance
$438,227
Equity Gap
$1,673
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($1,673) is less than 5% of the purchase price ($21,995). Your down payment covers the full gap with no second mortgage required.

Down Payment
$1,673
Effective Rate
3.45%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,641/mo
Assumable @ 3.45%
$1,956/mo
$686less per month with the assumable

Your Savings on This Property

12234 Berkeley, Denver · 3.45% FHA vs 6.5% conventional

$686
per month
$8,230
per year
$246,895
over 30 years
$267,217
interest saved
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