Loan Comparison: 3.31% vs 6.5%
6293 Kilmer, Golden, CO 80403 · 2bd/2ba · $499,250
List Price
$499,250
Assumable Rate
3.31%
Remaining Balance
$16,074
Equity Gap
$478,439
Loan Type
FHAAdjust Your Scenario
$24,963
$24,963$478,439
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.31% (FHA)
Blended Rate: 8.32%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,998/moAssumable @ 3.31% + gap loan
$3,557/moAssumed loan: $70/mo
Gap financing: $3,487/mo
Your Savings on This Property
6293 Kilmer, Golden · 3.31% 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 ($478,439) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($24,963, 5% of purchase price) and a second mortgage for the rest ($453,476 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 6293 Kilmer.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.