Loan Comparison: 6.77% vs 6.5%

8692 Wildrye Circle, Parker, CO 80134 · 2bd/2ba · $528,500

List Price
$528,500
Assumable Rate
6.77%
Remaining Balance
$428,556
Equity Gap
$99,943
Loan Type
FHA

Adjust Your Scenario

$26,425
$26,425$99,943
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 6.77% (FHA)
Blended Rate: 6.88%

Monthly Payment Comparison

New Conventional @ 6.5%
$3,173/mo
Assumable @ 6.77% + gap loan
$3,299/mo
Assumed loan: $2,785/mo
Gap financing: $514/mo

Your Savings on This Property

8692 Wildrye Circle, Parker · 6.77% 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 ($99,943) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($26,425, 5% of purchase price) and a second mortgage for the rest ($73,518 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 8692 Wildrye Circle.

View Listing Details
📈

Interested in This Home?

Get full loan details and schedule a showing. Free, no obligation.

Free. No spam. We personally respond within 24 hours.

By submitting, you consent to be contacted by The Assumable Guy via phone, text, and email regarding assumable mortgage properties. Message & data rates may apply. Reply STOP to opt out.