Loan Comparison: 3.46% vs 6.5%
13219 Holly, Thornton, CO 80241 · 2bd/2ba · $375,000
List Price
$375,000
Assumable Rate
3.46%
Remaining Balance
$187,569
Equity Gap
$187,430
Loan Type
FHAAdjust Your Scenario
$18,750
$18,750$187,430
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.46% (FHA)
Blended Rate: 5.85%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,252/moAssumable @ 3.46% + gap loan
$2,135/moAssumed loan: $838/mo
Gap financing: $1,297/mo
$117less per month with the assumable
Your Savings on This Property
13219 Holly, Thornton · 3.46% FHA vs 6.5% conventional
$117
per month
$1,400
per year
$41,995
over 30 years
$41,994
interest saved
How gap financing works: The equity gap ($187,430) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($18,750, 5% of purchase price) and a second mortgage for the rest ($168,680 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 13219 Holly.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.