Loan Comparison: 3.63% vs 6.5%
10303 150th, Brighton, CO 80602 · 4bd/4ba · $849,900
List Price
$849,900
Assumable Rate
3.63%
Remaining Balance
$497,192
Equity Gap
$352,708
Loan Type
FHAAdjust Your Scenario
$42,495
$42,495$352,708
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.63% (FHA)
Blended Rate: 5.50%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,103/moAssumable @ 3.63% + gap loan
$4,654/moAssumed loan: $2,269/mo
Gap financing: $2,385/mo
$449less per month with the assumable
Your Savings on This Property
10303 150th, Brighton · 3.63% FHA vs 6.5% conventional
$449
per month
$5,391
per year
$161,723
over 30 years
$161,723
interest saved
How gap financing works: The equity gap ($352,708) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($42,495, 5% of purchase price) and a second mortgage for the rest ($310,213 at 8.5%). 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 10303 150th.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.