Loan Comparison: 3.68% vs 6.5%
3025 Marion, Denver, CO 80205 · 3bd/2ba · $550,000
List Price
$550,000
Assumable Rate
3.68%
Remaining Balance
$185,982
Equity Gap
$423,549
Loan Type
FHAAdjust Your Scenario
$27,500
$27,500$423,549
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.68% (FHA)
Blended Rate: 6.96%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,303/moAssumable @ 3.68% + gap loan
$3,899/moAssumed loan: $854/mo
Gap financing: $3,045/mo
Your Savings on This Property
3025 Marion, Denver · 3.68% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
How gap financing works: The equity gap ($423,549) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($27,500, 5% of purchase price) and a second mortgage for the rest ($396,049 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 3025 Marion.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.