Loan Comparison: 5.41% vs 6.5%
1680 Tower, Aurora, CO 80017 · 2bd/3ba · $375,000
List Price
$375,000
Assumable Rate
5.41%
Remaining Balance
$381,729
Equity Gap
$-6,729
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-6,729) is less than 5% of the purchase price ($18,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-6,729
Effective Rate
5.41%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,252/moAssumable @ 5.41%
$2,146/mo$106less per month with the assumable
Your Savings on This Property
1680 Tower, Aurora · 5.41% FHA vs 6.5% conventional
$106
per month
$1,270
per year
$38,100
over 30 years
$63,579
interest saved
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