Loan Comparison: 2.87% vs 6.5%
131 Golden Eagle, Brighton, CO 80601 ยท 3bd/3ba ยท $325,000
List Price
$325,000
Assumable Rate
2.87%
Remaining Balance
$446,842
Equity Gap
$-121,842
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-121,842) is less than 5% of the purchase price ($16,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-121,842
Effective Rate
2.87%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,952/moAssumable @ 2.87%
$1,853/mo$99less per month with the assumable
Your Savings on This Property
131 Golden Eagle, Brighton ยท 2.87% FHA vs 6.5% conventional
$99
per month
$1,185
per year
$35,564
over 30 years
$173,656
interest saved
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