Loan Comparison: 3.77% vs 6.5%
5707 Lowell, Littleton, CO 80123 · 2bd/2ba · $299,900
List Price
$299,900
Assumable Rate
3.77%
Remaining Balance
$220,999
Equity Gap
$78,900
Loan Type
FHAAdjust Your Scenario
$14,995
$14,995$78,900
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.77% (FHA)
Blended Rate: 4.83%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,801/moAssumable @ 3.77% + gap loan
$1,517/moAssumed loan: $1,026/mo
Gap financing: $491/mo
$283less per month with the assumable
Your Savings on This Property
5707 Lowell, Littleton · 3.77% FHA vs 6.5% conventional
$283
per month
$3,401
per year
$102,034
over 30 years
$102,033
interest saved
How gap financing works: The equity gap ($78,900) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($14,995, 5% of purchase price) and a second mortgage for the rest ($63,905 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 5707 Lowell.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.