Loan Comparison: 3.47% vs 6.5%
10221 Amethyst, Parker, CO 80134 · 4bd/5ba · $699,000
List Price
$699,000
Assumable Rate
3.47%
Remaining Balance
$306,147
Equity Gap
$392,853
Loan Type
FHAAdjust Your Scenario
$34,950
$34,950$392,853
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.47% (FHA)
Blended Rate: 6.18%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,197/moAssumable @ 3.47% + gap loan
$4,122/moAssumed loan: $1,370/mo
Gap financing: $2,752/mo
$76less per month with the assumable
Your Savings on This Property
10221 Amethyst, Parker · 3.47% FHA vs 6.5% conventional
$76
per month
$908
per year
$27,241
over 30 years
$27,241
interest saved
How gap financing works: The equity gap ($392,853) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($34,950, 5% of purchase price) and a second mortgage for the rest ($357,903 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 10221 Amethyst.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.