Loan Comparison: 3.07% vs 6.5%
6712 Holland, Littleton, CO 80128 · 3bd/2ba · $370,000
List Price
$370,000
Assumable Rate
3.07%
Remaining Balance
$330,863
Equity Gap
$37,727
Loan Type
FHAAdjust Your Scenario
$18,500
$18,500$37,727
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.07% (FHA)
Blended Rate: 3.37%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,222/moAssumable @ 3.07% + gap loan
$1,555/moAssumed loan: $1,407/mo
Gap financing: $148/mo
$666less per month with the assumable
Your Savings on This Property
6712 Holland, Littleton · 3.07% FHA vs 6.5% conventional
$666
per month
$7,997
per year
$239,913
over 30 years
$238,503
interest saved
How gap financing works: The equity gap ($37,727) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($18,500, 5% of purchase price) and a second mortgage for the rest ($19,227 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 6712 Holland.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.