Loan Comparison: 3.07% vs 6.5%
366 Beckwourth Avenue, Fort Lupton, CO 80621 · 4bd/2ba · $419,900
List Price
$419,900
Assumable Rate
3.07%
Remaining Balance
$337,479
Equity Gap
$82,421
Loan Type
FHAAdjust Your Scenario
$20,995
$20,995$82,421
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.07% (FHA)
Blended Rate: 3.75%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,521/moAssumable @ 3.07% + gap loan
$1,865/moAssumed loan: $1,436/mo
Gap financing: $429/mo
$656less per month with the assumable
Your Savings on This Property
366 Beckwourth Avenue, Fort Lupton · 3.07% FHA vs 6.5% conventional
$656
per month
$7,875
per year
$236,251
over 30 years
$236,251
interest saved
How gap financing works: The equity gap ($82,421) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($20,995, 5% of purchase price) and a second mortgage for the rest ($61,426 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 366 Beckwourth Avenue.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.