Loan Comparison: 4.03% vs 6.5%
9120 Nassau, Denver, CO 80237 · 4bd/4ba · $399,000
List Price
$399,000
Assumable Rate
4.03%
Remaining Balance
$260,004
Equity Gap
$141,686
Loan Type
FHAAdjust Your Scenario
$19,950
$19,950$141,686
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.03% (FHA)
Blended Rate: 5.46%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,396/moAssumable @ 4.03% + gap loan
$2,182/moAssumed loan: $1,246/mo
Gap financing: $936/mo
$214less per month with the assumable
Your Savings on This Property
9120 Nassau, Denver · 4.03% FHA vs 6.5% conventional
$214
per month
$2,568
per year
$77,043
over 30 years
$79,733
interest saved
How gap financing works: The equity gap ($141,686) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($19,950, 5% of purchase price) and a second mortgage for the rest ($121,736 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 9120 Nassau.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.