Loan Comparison: 3.45% vs 6.5%
8102 Carr Court, Littleton, CO 80128 · 3bd/2ba · $699,800
List Price
$699,800
Assumable Rate
3.45%
Remaining Balance
$352,689
Equity Gap
$347,111
Loan Type
FHAAdjust Your Scenario
$34,990
$34,990$347,111
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.45% (FHA)
Blended Rate: 5.35%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,202/moAssumable @ 3.45% + gap loan
$3,756/moAssumed loan: $1,574/mo
Gap financing: $2,182/mo
$446less per month with the assumable
Your Savings on This Property
8102 Carr Court, Littleton · 3.45% FHA vs 6.5% conventional
$446
per month
$5,349
per year
$160,471
over 30 years
$160,471
interest saved
How gap financing works: The equity gap ($347,111) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($34,990, 5% of purchase price) and a second mortgage for the rest ($312,121 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 8102 Carr Court.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.