Loan Comparison: 3.44% vs 6.5%

1767 Silver Meadow, Colorado Springs, CO 80951 ยท 1bd/1ba ยท $1,500

List Price
$1,500
Assumable Rate
3.44%
Remaining Balance
$275,067
Equity Gap
$-273,567
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($-273,567) is less than 5% of the purchase price ($75). Your down payment covers the full gap with no second mortgage required.

Down Payment
$-273,567
Effective Rate
3.44%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$9/mo
Assumable @ 3.44%
$1,226/mo

Your Savings on This Property

1767 Silver Meadow, Colorado Springs ยท 3.44% FHA vs 6.5% conventional

$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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