Loan Comparison: 4.91% vs 6.5%
4131 Snowbird Avenue, Broomfield, CO 80020 · 2bd/1ba · $630,000
List Price
$630,000
Assumable Rate
4.91%
Remaining Balance
$168,942
Equity Gap
$461,058
Loan Type
FHAAdjust Your Scenario
$31,500
$31,500$461,058
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.91% (FHA)
Blended Rate: 6.77%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,783/moAssumable @ 4.91% + gap loan
$3,901/moAssumed loan: $898/mo
Gap financing: $3,004/mo
Your Savings on This Property
4131 Snowbird Avenue, Broomfield · 4.91% 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 ($461,058) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($31,500, 5% of purchase price) and a second mortgage for the rest ($429,558 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 4131 Snowbird Avenue.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.