Loan Comparison: 2.74% vs 6.5%
6714 Rose Creek, Fort Collins, CO 80525 · 2bd/1ba · $285,000
List Price
$285,000
Assumable Rate
2.74%
Remaining Balance
$196,057
Equity Gap
$96,483
Loan Type
FHAAdjust Your Scenario
$14,250
$14,250$96,483
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.74% (FHA)
Blended Rate: 4.44%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,711/moAssumable @ 2.74% + gap loan
$1,432/moAssumed loan: $799/mo
Gap financing: $632/mo
$280less per month with the assumable
Your Savings on This Property
6714 Rose Creek, Fort Collins · 2.74% FHA vs 6.5% conventional
$280
per month
$3,356
per year
$100,683
over 30 years
$108,223
interest saved
How gap financing works: The equity gap ($96,483) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($14,250, 5% of purchase price) and a second mortgage for the rest ($82,233 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 6714 Rose Creek.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.