Loan Comparison: 5.23% vs 6.5%
10222 Wheeling, Commerce City, CO 80022 ยท 3bd/4ba ยท $462,000
List Price
$462,000
Assumable Rate
5.23%
Remaining Balance
$593,352
Equity Gap
$-131,352
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-131,352) is less than 5% of the purchase price ($23,100). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-131,352
Effective Rate
5.23%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,774/moAssumable @ 5.23%
$3,269/moYour Savings on This Property
10222 Wheeling, Commerce City ยท 5.23% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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