Loan Comparison: 6.43% vs 6.5%
5445 Shady Oaks Drive, Fort Collins, CO 80528 · 6bd/4ba · $515,000
List Price
$515,000
Assumable Rate
6.43%
Remaining Balance
$453,030
Equity Gap
$61,970
Loan Type
FHAAdjust Your Scenario
$25,750
$25,750$61,970
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 6.43% (FHA)
Blended Rate: 6.51%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,092/moAssumable @ 6.43% + gap loan
$3,096/moAssumed loan: $2,843/mo
Gap financing: $253/mo
Your Savings on This Property
5445 Shady Oaks Drive, Fort Collins · 6.43% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
How gap financing works: The equity gap ($61,970) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($25,750, 5% of purchase price) and a second mortgage for the rest ($36,220 at 7.5%). Even with two payments, the blended cost is typically much lower than a new conventional loan. We work with lenders who specialize in assumption gap financing.
🏠
Back to This Listing
View photos, details, and request a showing for 5445 Shady Oaks Drive.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.