Loan Comparison: 2.94% vs 6.5%
42593 London, Parker, CO 80138 · 4bd/3ba · $799,000
List Price
$799,000
Assumable Rate
2.94%
Remaining Balance
$1,085,091
Equity Gap
$-286,091
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-286,091) is less than 5% of the purchase price ($39,950). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-286,091
Effective Rate
2.94%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,798/moAssumable @ 2.94%
$4,540/mo$258less per month with the assumable
Your Savings on This Property
42593 London, Parker · 2.94% FHA vs 6.5% conventional
$258
per month
$3,096
per year
$92,867
over 30 years
$418,908
interest saved
🏠
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