Loan Comparison: 2.77% vs 6.5%
6569 Trailway, Parker, CO 80134 ยท 3bd/3ba ยท $825,000
List Price
$825,000
Assumable Rate
2.77%
Remaining Balance
$1,107,108
Equity Gap
$-282,108
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-282,108) is less than 5% of the purchase price ($41,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-282,108
Effective Rate
2.77%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,954/moAssumable @ 2.77%
$4,531/mo$422less per month with the assumable
Your Savings on This Property
6569 Trailway, Parker ยท 2.77% FHA vs 6.5% conventional
$422
per month
$5,069
per year
$152,073
over 30 years
$475,431
interest saved
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