Loan Comparison: 5.489% vs 6.5%
9850 Stanford, Littleton, CO 80123 · 2bd/2ba · $345,000
List Price
$345,000
Assumable Rate
5.489%
Remaining Balance
$331,371
Equity Gap
$13,628
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($13,628) is less than 5% of the purchase price ($17,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$13,628
Effective Rate
5.489%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,072/moAssumable @ 5.489%
$1,879/mo$192less per month with the assumable
Your Savings on This Property
9850 Stanford, Littleton · 5.489% FHA vs 6.5% conventional
$192
per month
$2,309
per year
$69,264
over 30 years
$72,885
interest saved
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