Loan Comparison: 5.07% vs 6.5%
9150 Center, Denver, CO 80247 · 2bd/2ba · $164,900
List Price
$164,900
Assumable Rate
5.07%
Remaining Balance
$41,975
Equity Gap
$123,110
Loan Type
FHAAdjust Your Scenario
$8,245
$8,245$123,110
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 5.07% (FHA)
Blended Rate: 7.58%
Monthly Payment Comparison
New Conventional @ 6.5%
$990/moAssumable @ 5.07% + gap loan
$1,110/moAssumed loan: $227/mo
Gap financing: $883/mo
Your Savings on This Property
9150 Center, Denver · 5.07% 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 ($123,110) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($8,245, 5% of purchase price) and a second mortgage for the rest ($114,865 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 9150 Center.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.