Loan Comparison: 2.35% vs 6.5%
12272 Burlington, Denver, CO 80239 · 5bd/3ba · $455,000
List Price
$455,000
Assumable Rate
2.35%
Remaining Balance
$154,376
Equity Gap
$307,742
Loan Type
FHAAdjust Your Scenario
$22,750
$22,750$307,742
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.35% (FHA)
Blended Rate: 6.34%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,732/moAssumable @ 2.35% + gap loan
$2,789/moAssumed loan: $598/mo
Gap financing: $2,191/mo
Your Savings on This Property
12272 Burlington, Denver · 2.35% 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 ($307,742) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($22,750, 5% of purchase price) and a second mortgage for the rest ($284,992 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 12272 Burlington.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.