Loan Comparison: 2.83% vs 6.5%

14924 Rosemary, Thornton, CO 80602 · 4bd/3ba · $825,000

List Price
$825,000
Assumable Rate
2.83%
Remaining Balance
$818,474
Equity Gap
$36,651
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($36,651) is less than 5% of the purchase price ($41,250). Your down payment covers the full gap with no second mortgage required.

Down Payment
$36,651
Effective Rate
2.83%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$4,954/mo
Assumable @ 2.83%
$3,376/mo
$1,578less per month with the assumable

Your Savings on This Property

14924 Rosemary, Thornton · 2.83% FHA vs 6.5% conventional

$1,578
per month
$18,932
per year
$567,972
over 30 years
$602,696
interest saved
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