Loan Comparison: 7.08% vs 6.5%
9318 Las Ramblas Court, Parker, CO 80134 · 3bd/2ba · $375,000
List Price
$375,000
Assumable Rate
7.08%
Remaining Balance
$292,453
Equity Gap
$82,547
Loan Type
FHAAdjust Your Scenario
$18,750
$18,750$82,547
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 7.08% (FHA)
Blended Rate: 7.16%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,252/moAssumable @ 7.08% + gap loan
$2,408/moAssumed loan: $1,961/mo
Gap financing: $446/mo
Your Savings on This Property
9318 Las Ramblas Court, Parker · 7.08% 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 ($82,547) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($18,750, 5% of purchase price) and a second mortgage for the rest ($63,797 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 9318 Las Ramblas Court.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.