Loan Comparison: 2.89% vs 6.5%
11763 Sedge, Peyton, CO 80831 · 3bd/3ba · $400,000
List Price
$400,000
Assumable Rate
2.89%
Remaining Balance
$290,052
Equity Gap
$107,259
Loan Type
FHAAdjust Your Scenario
$20,000
$20,000$107,259
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.89% (FHA)
Blended Rate: 4.19%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,402/moAssumable @ 2.89% + gap loan
$1,877/moAssumed loan: $1,206/mo
Gap financing: $671/mo
$525less per month with the assumable
Your Savings on This Property
11763 Sedge, Peyton · 2.89% FHA vs 6.5% conventional
$525
per month
$6,302
per year
$189,065
over 30 years
$186,376
interest saved
How gap financing works: The equity gap ($107,259) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($20,000, 5% of purchase price) and a second mortgage for the rest ($87,259 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 11763 Sedge.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.