Loan Comparison: 3.76% vs 6.5%
3355 94th, Westminster, CO 80031 · 6bd/2ba · $375,000
List Price
$375,000
Assumable Rate
3.76%
Remaining Balance
$440,231
Equity Gap
$-65,231
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-65,231) is less than 5% of the purchase price ($18,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-65,231
Effective Rate
3.76%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,252/moAssumable @ 3.76%
$2,041/mo$210less per month with the assumable
Your Savings on This Property
3355 94th, Westminster · 3.76% FHA vs 6.5% conventional
$210
per month
$2,526
per year
$75,767
over 30 years
$159,748
interest saved
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