Loan Comparison: 3.6% vs 6.5%
226 Whitehaven Circle, Littleton, CO 80129 · 1bd/1ba · $538,499
List Price
$538,499
Assumable Rate
3.6%
Remaining Balance
$225,129
Equity Gap
$313,370
Loan Type
FHAAdjust Your Scenario
$26,925
$26,925$313,370
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.6% (FHA)
Blended Rate: 5.78%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,233/moAssumable @ 3.6% + gap loan
$3,026/moAssumed loan: $1,024/mo
Gap financing: $2,003/mo
$207less per month with the assumable
Your Savings on This Property
226 Whitehaven Circle, Littleton · 3.6% FHA vs 6.5% conventional
$207
per month
$2,485
per year
$74,553
over 30 years
$74,553
interest saved
How gap financing works: The equity gap ($313,370) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($26,925, 5% of purchase price) and a second mortgage for the rest ($286,445 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 226 Whitehaven Circle.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.