Loan Comparison: 4.52% vs 6.5%
7260 75th, Commerce City, CO 80022 · 3bd/2ba · $364,999
List Price
$364,999
Assumable Rate
4.52%
Remaining Balance
$269,112
Equity Gap
$125,962
Loan Type
FHAAdjust Your Scenario
$18,250
$18,250$125,962
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.52% (FHA)
Blended Rate: 5.66%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,192/moAssumable @ 4.52% + gap loan
$2,195/moAssumed loan: $1,367/mo
Gap financing: $828/mo
Your Savings on This Property
7260 75th, Commerce City · 4.52% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$28,897
interest saved
How gap financing works: The equity gap ($125,962) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($18,250, 5% of purchase price) and a second mortgage for the rest ($107,712 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.
📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.