Loan Comparison: 5.22% vs 6.5%
1109 Sunrise, Brighton, CO 80603 · 4bd/3ba · $450,000
List Price
$450,000
Assumable Rate
5.22%
Remaining Balance
$457,247
Equity Gap
$-7,247
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-7,247) is less than 5% of the purchase price ($22,500). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-7,247
Effective Rate
5.22%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,702/moAssumable @ 5.22%
$2,516/mo$186less per month with the assumable
Your Savings on This Property
1109 Sunrise, Brighton · 5.22% FHA vs 6.5% conventional
$186
per month
$2,228
per year
$66,832
over 30 years
$96,579
interest saved
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