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
FHA

No 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/mo
Assumable @ 5.23%
$3,269/mo

Your 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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