Loan Comparison: 5.52% vs 6.5%
10150 Virginia, Denver, CO 80247 ยท 1bd/1ba ยท $170,000
List Price
$170,000
Assumable Rate
5.52%
Remaining Balance
$186,630
Equity Gap
$-16,630
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-16,630) is less than 5% of the purchase price ($8,500). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-16,630
Effective Rate
5.52%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,021/moAssumable @ 5.52%
$1,062/moYour Savings on This Property
10150 Virginia, Denver ยท 5.52% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$10,292
interest saved
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