Loan Comparison: 4.42% vs 6.5%
2871 Night Sky, Berthoud, CO 80513 · 4bd/3ba · $490,000
List Price
$490,000
Assumable Rate
4.42%
Remaining Balance
$386,075
Equity Gap
$103,265
Loan Type
FHAAdjust Your Scenario
$24,500
$24,500$103,265
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.42% (FHA)
Blended Rate: 5.11%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,942/moAssumable @ 4.42% + gap loan
$2,544/moAssumed loan: $1,938/mo
Gap financing: $606/mo
$399less per month with the assumable
Your Savings on This Property
2871 Night Sky, Berthoud · 4.42% FHA vs 6.5% conventional
$399
per month
$4,785
per year
$143,556
over 30 years
$142,896
interest saved
How gap financing works: The equity gap ($103,265) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($24,500, 5% of purchase price) and a second mortgage for the rest ($78,765 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 2871 Night Sky.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.