Loan Comparison: 2.74% vs 6.5%

3750 Granby, Aurora, CO 80014 ยท 3bd/2ba ยท $240,000

List Price
$240,000
Assumable Rate
2.74%
Remaining Balance
$229,575
Equity Gap
$10,425
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($10,425) is less than 5% of the purchase price ($12,000). Your down payment covers the full gap with no second mortgage required.

Down Payment
$10,425
Effective Rate
2.74%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$1,441/mo
Assumable @ 2.74%
$936/mo
$505less per month with the assumable

Your Savings on This Property

3750 Granby, Aurora ยท 2.74% FHA vs 6.5% conventional

$505
per month
$6,061
per year
$181,840
over 30 years
$183,415
interest saved
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