Loan Comparison: 3.72% vs 6.5%
9045 Prairie Meadow, Denver, CO 80238 · 4bd/4ba · $850,000
List Price
$850,000
Assumable Rate
3.72%
Remaining Balance
$383,399
Equity Gap
$482,637
Loan Type
FHAAdjust Your Scenario
$42,500
$42,500$482,637
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.72% (FHA)
Blended Rate: 6.27%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,104/moAssumable @ 3.72% + gap loan
$5,153/moAssumed loan: $1,769/mo
Gap financing: $3,384/mo
Your Savings on This Property
9045 Prairie Meadow, Denver · 3.72% 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 ($482,637) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($42,500, 5% of purchase price) and a second mortgage for the rest ($440,137 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 9045 Prairie Meadow.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.