Loan Comparison: 5.75% vs 6.5%
3847 Mossy Rock, Highlands Ranch, CO 80126 ยท 2bd/2ba ยท $360,000
List Price
$360,000
Assumable Rate
5.75%
Remaining Balance
$371,566
Equity Gap
$-11,566
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-11,566) is less than 5% of the purchase price ($18,000). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-11,566
Effective Rate
5.75%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,162/moAssumable @ 5.75%
$2,168/moYour Savings on This Property
3847 Mossy Rock, Highlands Ranch ยท 5.75% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$27,159
interest saved
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