Loan Comparison: 3.8% vs 6.5%
19573 40th, Denver, CO 80249 · 3bd/3ba · $452,000
List Price
$452,000
Assumable Rate
3.8%
Remaining Balance
$343,018
Equity Gap
$149,390
Loan Type
FHAAdjust Your Scenario
$22,600
$22,600$149,390
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.8% (FHA)
Blended Rate: 5.07%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,714/moAssumable @ 3.8% + gap loan
$2,573/moAssumed loan: $1,598/mo
Gap financing: $975/mo
$141less per month with the assumable
Your Savings on This Property
19573 40th, Denver · 3.8% FHA vs 6.5% conventional
$141
per month
$1,691
per year
$50,716
over 30 years
$91,124
interest saved
How gap financing works: The equity gap ($149,390) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($22,600, 5% of purchase price) and a second mortgage for the rest ($126,790 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 19573 40th.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.