Loan Comparison: 3.45% vs 6.5%
9044 Nassau, Denver, CO 80237 · 4bd/3ba · $324,900
List Price
$324,900
Assumable Rate
3.45%
Remaining Balance
$283,450
Equity Gap
$51,898
Loan Type
FHAAdjust Your Scenario
$16,245
$16,245$51,898
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.45% (FHA)
Blended Rate: 4.01%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,951/moAssumable @ 3.45% + gap loan
$1,539/moAssumed loan: $1,265/mo
Gap financing: $274/mo
$412less per month with the assumable
Your Savings on This Property
9044 Nassau, Denver · 3.45% FHA vs 6.5% conventional
$412
per month
$4,942
per year
$148,266
over 30 years
$158,714
interest saved
How gap financing works: The equity gap ($51,898) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($16,245, 5% of purchase price) and a second mortgage for the rest ($35,653 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 9044 Nassau.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.