Loan Comparison: 4.99% vs 6.5%
9074 Truckee, Commerce City, CO 80022 · 4bd/3ba · $595,000
List Price
$595,000
Assumable Rate
4.99%
Remaining Balance
$554,872
Equity Gap
$40,128
Loan Type
FHAAdjust Your Scenario
$29,750
$29,750$40,128
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.99% (FHA)
Blended Rate: 5.05%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,573/moAssumable @ 4.99% + gap loan
$3,055/moAssumed loan: $2,975/mo
Gap financing: $80/mo
$518less per month with the assumable
Your Savings on This Property
9074 Truckee, Commerce City · 4.99% FHA vs 6.5% conventional
$518
per month
$6,212
per year
$186,366
over 30 years
$186,366
interest saved
How gap financing works: The equity gap ($40,128) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($29,750, 5% of purchase price) and a second mortgage for the rest ($10,378 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 9074 Truckee.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.