Loan Comparison: 6.54% vs 6.5%
3856 Fultondale Street, Aurora, CO 80019 · 4bd/3ba · $555,000
List Price
$555,000
Assumable Rate
6.54%
Remaining Balance
$473,667
Equity Gap
$81,332
Loan Type
FHAAdjust Your Scenario
$27,750
$27,750$81,332
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 6.54% (FHA)
Blended Rate: 6.64%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,333/moAssumable @ 6.54% + gap loan
$3,381/moAssumed loan: $3,006/mo
Gap financing: $375/mo
Your Savings on This Property
3856 Fultondale Street, Aurora · 6.54% 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 ($81,332) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($27,750, 5% of purchase price) and a second mortgage for the rest ($53,582 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 3856 Fultondale Street.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.