Loan Comparison: 2.73% vs 6.5%
13050 58th, Arvada, CO 80002 · 2bd/1ba · $337,500
List Price
$337,500
Assumable Rate
2.73%
Remaining Balance
$97,319
Equity Gap
$239,183
Loan Type
FHAAdjust Your Scenario
$16,875
$16,875$239,183
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.73% (FHA)
Blended Rate: 6.74%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,027/moAssumable @ 2.73% + gap loan
$2,106/moAssumed loan: $396/mo
Gap financing: $1,709/mo
Your Savings on This Property
13050 58th, Arvada · 2.73% 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 ($239,183) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($16,875, 5% of purchase price) and a second mortgage for the rest ($222,308 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 13050 58th.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.