Loan Comparison: 3.31% vs 6.5%
4899 Dudley, Littleton, CO 80123 · 2bd/1ba · $245,000
List Price
$245,000
Assumable Rate
3.31%
Remaining Balance
$187,125
Equity Gap
$65,071
Loan Type
FHAAdjust Your Scenario
$12,250
$12,250$65,071
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.31% (FHA)
Blended Rate: 4.45%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,471/moAssumable @ 3.31% + gap loan
$1,227/moAssumed loan: $821/mo
Gap financing: $406/mo
$244less per month with the assumable
Your Savings on This Property
4899 Dudley, Littleton · 3.31% FHA vs 6.5% conventional
$244
per month
$2,933
per year
$87,997
over 30 years
$95,193
interest saved
How gap financing works: The equity gap ($65,071) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($12,250, 5% of purchase price) and a second mortgage for the rest ($52,821 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 4899 Dudley.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.