Loan Comparison: 2.25% vs 6.5%
4863 Flower Court, Arvada, CO 80002 · 2bd/2ba · $724,900
List Price
$724,900
Assumable Rate
2.25%
Remaining Balance
$427,563
Equity Gap
$297,337
Loan Type
VAAdjust Your Scenario
$36,245
$36,245$297,337
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.25% (VA)
Blended Rate: 4.24%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,353/moAssumable @ 2.25% + gap loan
$3,460/moAssumed loan: $1,634/mo
Gap financing: $1,826/mo
$893less per month with the assumable
Your Savings on This Property
4863 Flower Court, Arvada · 2.25% VA vs 6.5% conventional
$893
per month
$10,714
per year
$321,420
over 30 years
$321,420
interest saved
How gap financing works: The equity gap ($297,337) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($36,245, 5% of purchase price) and a second mortgage for the rest ($261,092 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 4863 Flower Court.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.