Loan Comparison: 3.16% vs 6.5%
14470 Stoll, Denver, CO 80239 · 5bd/4ba · $600,000
List Price
$600,000
Assumable Rate
3.16%
Remaining Balance
$414,452
Equity Gap
$231,048
Loan Type
FHAAdjust Your Scenario
$30,000
$30,000$231,048
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.16% (FHA)
Blended Rate: 4.90%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,603/moAssumable @ 3.16% + gap loan
$3,329/moAssumed loan: $1,783/mo
Gap financing: $1,546/mo
$274less per month with the assumable
Your Savings on This Property
14470 Stoll, Denver · 3.16% FHA vs 6.5% conventional
$274
per month
$3,283
per year
$98,492
over 30 years
$143,992
interest saved
How gap financing works: The equity gap ($231,048) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($30,000, 5% of purchase price) and a second mortgage for the rest ($201,048 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 14470 Stoll.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.