Loan Comparison: 5.489% vs 6.5%
9850 Stanford, Littleton, CO 80123 ยท 2bd/2ba ยท $338,000
List Price
$338,000
Assumable Rate
5.489%
Remaining Balance
$330,447
Equity Gap
$7,552
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($7,552) is less than 5% of the purchase price ($16,900). Your down payment covers the full gap with no second mortgage required.
Down Payment
$7,552
Effective Rate
5.489%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,030/moAssumable @ 5.489%
$1,874/mo$156less per month with the assumable
Your Savings on This Property
9850 Stanford, Littleton ยท 5.489% FHA vs 6.5% conventional
$156
per month
$1,867
per year
$56,019
over 30 years
$65,366
interest saved
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