Loan Comparison: 2.94% vs 6.5%
1912 Greenwood, Pueblo, CO 81003 · 4bd/2ba · $335,000
List Price
$335,000
Assumable Rate
2.94%
Remaining Balance
$322,019
Equity Gap
$12,981
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($12,981) is less than 5% of the purchase price ($16,750). Your down payment covers the full gap with no second mortgage required.
Down Payment
$12,981
Effective Rate
2.94%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,012/moAssumable @ 2.94%
$1,347/mo$664less per month with the assumable
Your Savings on This Property
1912 Greenwood, Pueblo · 2.94% FHA vs 6.5% conventional
$664
per month
$7,972
per year
$239,151
over 30 years
$242,920
interest saved
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