Loan Comparison: 3.96% vs 6.5%
2761 Riverwalk Circle, Littleton, CO 80123 · 2bd/2ba · $489,000
List Price
$489,000
Assumable Rate
3.96%
Remaining Balance
$114,207
Equity Gap
$374,793
Loan Type
FHAAdjust Your Scenario
$24,450
$24,450$374,793
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.96% (FHA)
Blended Rate: 6.63%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,936/moAssumable @ 3.96% + gap loan
$2,992/moAssumed loan: $543/mo
Gap financing: $2,450/mo
Your Savings on This Property
2761 Riverwalk Circle, Littleton · 3.96% 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 ($374,793) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($24,450, 5% of purchase price) and a second mortgage for the rest ($350,343 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 2761 Riverwalk Circle.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.