Loan Comparison: 3.67% vs 6.5%
2111 Boston, Colorado Springs, CO 80904 ยท 2bd/2ba ยท $1,350
List Price
$1,350
Assumable Rate
3.67%
Remaining Balance
$70,150
Equity Gap
$-68,800
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-68,800) is less than 5% of the purchase price ($68). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-68,800
Effective Rate
3.67%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$8/moAssumable @ 3.67%
$322/moYour Savings on This Property
2111 Boston, Colorado Springs ยท 3.67% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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