Loan Comparison: 5.22% vs 6.5%
5121 Pelican, Brighton, CO 80601 ยท 4bd/3ba ยท $514,900
List Price
$514,900
Assumable Rate
5.22%
Remaining Balance
$665,621
Equity Gap
$6,014
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($6,014) is less than 5% of the purchase price ($25,745). Your down payment covers the full gap with no second mortgage required.
Down Payment
$6,014
Effective Rate
5.22%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,092/moAssumable @ 5.22%
$3,663/moYour Savings on This Property
5121 Pelican, Brighton ยท 5.22% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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