Loan Comparison: 4.17% vs 6.5%
6750 Clermont, Commerce City, CO 80022 ยท 0bd/0ba ยท $245,000
List Price
$245,000
Assumable Rate
4.17%
Remaining Balance
$371,490
Equity Gap
$-126,490
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-126,490) is less than 5% of the purchase price ($12,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-126,490
Effective Rate
4.17%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,471/moAssumable @ 4.17%
$1,810/moYour Savings on This Property
6750 Clermont, Commerce City ยท 4.17% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$16,695
interest saved
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