Loan Comparison: 4.34% vs 6.5%
2041 Samuel, Denver, CO 80221 · 3bd/2ba · $460,000
List Price
$460,000
Assumable Rate
4.34%
Remaining Balance
$196,132
Equity Gap
$325,091
Loan Type
FHAAdjust Your Scenario
$23,000
$23,000$325,091
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.34% (FHA)
Blended Rate: 6.86%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,762/moAssumable @ 4.34% + gap loan
$3,298/moAssumed loan: $975/mo
Gap financing: $2,323/mo
Your Savings on This Property
2041 Samuel, Denver · 4.34% FHA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
How gap financing works: The equity gap ($325,091) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($23,000, 5% of purchase price) and a second mortgage for the rest ($302,091 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 2041 Samuel.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.