Loan Comparison: 2.76% vs 6.5%
8095 Colorado, Denver, CO 80231 · 2bd/2ba · $325,000
List Price
$325,000
Assumable Rate
2.76%
Remaining Balance
$255,449
Equity Gap
$68,958
Loan Type
FHAAdjust Your Scenario
$16,250
$16,250$68,958
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.76% (FHA)
Blended Rate: 3.74%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,952/moAssumable @ 2.76% + gap loan
$1,449/moAssumed loan: $1,044/mo
Gap financing: $405/mo
$502less per month with the assumable
Your Savings on This Property
8095 Colorado, Denver · 2.76% FHA vs 6.5% conventional
$502
per month
$6,024
per year
$180,731
over 30 years
$180,138
interest saved
How gap financing works: The equity gap ($68,958) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($16,250, 5% of purchase price) and a second mortgage for the rest ($52,708 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 8095 Colorado.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.