Loan Comparison: 3.57% vs 6.5%
8500 Jefferson Avenue, Denver, CO 80237 · 3bd/1ba · $200,000
List Price
$200,000
Assumable Rate
3.57%
Remaining Balance
$49,922
Equity Gap
$150,077
Loan Type
FHAAdjust Your Scenario
$10,000
$10,000$150,077
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.57% (FHA)
Blended Rate: 6.47%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,201/moAssumable @ 3.57% + gap loan
$1,206/moAssumed loan: $226/mo
Gap financing: $979/mo
Your Savings on This Property
8500 Jefferson Avenue, Denver · 3.57% 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 ($150,077) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($10,000, 5% of purchase price) and a second mortgage for the rest ($140,077 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 8500 Jefferson Avenue.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.