Loan Comparison: 3.54% vs 6.5%
1750 Raritan, Denver, CO 80223 · 3bd/2ba · $474,900
List Price
$474,900
Assumable Rate
3.54%
Remaining Balance
$120,944
Equity Gap
$353,956
Loan Type
FHAAdjust Your Scenario
$23,745
$23,745$353,956
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.54% (FHA)
Blended Rate: 7.17%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,852/moAssumable @ 3.54% + gap loan
$3,085/moAssumed loan: $546/mo
Gap financing: $2,539/mo
Your Savings on This Property
1750 Raritan, Denver · 3.54% 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 ($353,956) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($23,745, 5% of purchase price) and a second mortgage for the rest ($330,211 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 1750 Raritan.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.