Loan Comparison: 2.81% vs 6.5%
1431 Vantage Parkway, Berthoud, CO 80513 · 3bd/3ba · $580,000
List Price
$580,000
Assumable Rate
2.81%
Remaining Balance
$267,613
Equity Gap
$312,995
Loan Type
FHAAdjust Your Scenario
$29,000
$29,000$312,995
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.81% (FHA)
Blended Rate: 5.74%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,483/moAssumable @ 2.81% + gap loan
$3,285/moAssumed loan: $1,101/mo
Gap financing: $2,184/mo
$198less per month with the assumable
Your Savings on This Property
1431 Vantage Parkway, Berthoud · 2.81% FHA vs 6.5% conventional
$198
per month
$2,376
per year
$71,276
over 30 years
$71,884
interest saved
How gap financing works: The equity gap ($312,995) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($29,000, 5% of purchase price) and a second mortgage for the rest ($283,995 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 1431 Vantage Parkway.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.