Loan Comparison: 3.94% vs 6.5%
1339 Arthur Avenue, Loveland, CO 80537 · 5bd/2ba · $388,000
List Price
$388,000
Assumable Rate
3.94%
Remaining Balance
$120,875
Equity Gap
$267,125
Loan Type
FHAAdjust Your Scenario
$19,400
$19,400$267,125
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.94% (FHA)
Blended Rate: 6.33%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,330/moAssumable @ 3.94% + gap loan
$2,305/moAssumed loan: $573/mo
Gap financing: $1,732/mo
$25less per month with the assumable
Your Savings on This Property
1339 Arthur Avenue, Loveland · 3.94% FHA vs 6.5% conventional
$25
per month
$297
per year
$8,918
over 30 years
$8,918
interest saved
How gap financing works: The equity gap ($267,125) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($19,400, 5% of purchase price) and a second mortgage for the rest ($247,725 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 1339 Arthur Avenue.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.