Loan Comparison: 2.94% vs 6.5%
5816 Lasalle, Timnath, CO 80547 · 3bd/3ba · $599,000
List Price
$599,000
Assumable Rate
2.94%
Remaining Balance
$678,587
Equity Gap
$-79,587
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-79,587) is less than 5% of the purchase price ($29,950). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-79,587
Effective Rate
2.94%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,597/moAssumable @ 2.94%
$2,839/mo$758less per month with the assumable
Your Savings on This Property
5816 Lasalle, Timnath · 2.94% FHA vs 6.5% conventional
$758
per month
$9,093
per year
$272,788
over 30 years
$382,325
interest saved
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