Loan Comparison: 5.25% vs 6.5%
1145 Euclid, Pueblo, CO 81004 ยท 2bd/1ba ยท $165,000
List Price
$165,000
Assumable Rate
5.25%
Remaining Balance
$220,917
Equity Gap
$-55,917
Loan Type
FHANo Secondary Financing Needed
The equity gap on this property ($-55,917) is less than 5% of the purchase price ($8,250). Your down payment covers the full gap with no second mortgage required.
Down Payment
$-55,917
Effective Rate
5.25%
vs Conventional
6.5%
Monthly Payment Comparison
New Conventional @ 6.5%
$991/moAssumable @ 5.25%
$1,220/moYour Savings on This Property
1145 Euclid, Pueblo ยท 5.25% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
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