Loan Comparison: 3.45% vs 6.5%
18216 Weaver Place, Aurora, CO 80016 · 3bd/2ba · $824,900
List Price
$824,900
Assumable Rate
3.45%
Remaining Balance
$284,833
Equity Gap
$540,066
Loan Type
VAAdjust Your Scenario
$41,245
$41,245$540,066
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.45% (VA)
Blended Rate: 6.03%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,953/moAssumable @ 3.45% + gap loan
$4,759/moAssumed loan: $1,271/mo
Gap financing: $3,488/mo
$194less per month with the assumable
Your Savings on This Property
18216 Weaver Place, Aurora · 3.45% VA vs 6.5% conventional
$194
per month
$2,332
per year
$69,953
over 30 years
$69,952
interest saved
How gap financing works: The equity gap ($540,066) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($41,245, 5% of purchase price) and a second mortgage for the rest ($498,821 at 7.5%). 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 18216 Weaver Place.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.