Loan Comparison: 3.05% vs 6.5%
6784 Zebra Grass, Parker, CO 80138 · 2bd/2ba · $569,900
List Price
$569,900
Assumable Rate
3.05%
Remaining Balance
$463,847
Equity Gap
$125,212
Loan Type
FHAAdjust Your Scenario
$28,495
$28,495$125,212
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.05% (FHA)
Blended Rate: 3.99%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,422/moAssumable @ 3.05% + gap loan
$2,712/moAssumed loan: $1,968/mo
Gap financing: $744/mo
$710less per month with the assumable
Your Savings on This Property
6784 Zebra Grass, Parker · 3.05% FHA vs 6.5% conventional
$710
per month
$8,523
per year
$255,690
over 30 years
$274,849
interest saved
How gap financing works: The equity gap ($125,212) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($28,495, 5% of purchase price) and a second mortgage for the rest ($96,717 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 6784 Zebra Grass.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.