Loan Comparison: 3.6% vs 6.5%
226 Whitehaven, Littleton, CO 80129 · 2bd/3ba · $538,499
List Price
$538,499
Assumable Rate
3.6%
Remaining Balance
$225,769
Equity Gap
$312,092
Loan Type
FHAAdjust Your Scenario
$26,925
$26,925$312,092
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.6% (FHA)
Blended Rate: 6.33%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,233/moAssumable @ 3.6% + gap loan
$3,219/moAssumed loan: $1,026/mo
Gap financing: $2,193/mo
$14less per month with the assumable
Your Savings on This Property
226 Whitehaven, Littleton · 3.6% FHA vs 6.5% conventional
$14
per month
$172
per year
$5,170
over 30 years
$4,532
interest saved
How gap financing works: The equity gap ($312,092) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($26,925, 5% of purchase price) and a second mortgage for the rest ($285,167 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 226 Whitehaven.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.