Loan Comparison: 2.18% vs 6.5%
4481 Pioneer, Greeley, CO 80634 · 2bd/2ba · $355,000
List Price
$355,000
Assumable Rate
2.18%
Remaining Balance
$419,003
Equity Gap
$-64,003
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-64,003) is less than 5% of the purchase price ($17,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-64,003
Effective Rate
2.18%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,132/moAssumable @ 2.18%
$1,587/mo$545less per month with the assumable
Your Savings on This Property
4481 Pioneer, Greeley · 2.18% FHA vs 6.5% conventional
$545
per month
$6,539
per year
$196,180
over 30 years
$277,933
interest saved
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