Loan Comparison: 3.23% vs 6.5%
7250 Eastmoor Drive, Denver, CO 80237 · 3bd/3ba · $290,000
List Price
$290,000
Assumable Rate
3.23%
Remaining Balance
$253,472
Equity Gap
$36,527
Loan Type
VAAdjust Your Scenario
$14,500
$14,500$36,527
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.23% (VA)
Blended Rate: 3.57%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,741/moAssumable @ 3.23% + gap loan
$1,254/moAssumed loan: $1,100/mo
Gap financing: $154/mo
$487less per month with the assumable
Your Savings on This Property
7250 Eastmoor Drive, Denver · 3.23% VA vs 6.5% conventional
$487
per month
$5,844
per year
$175,315
over 30 years
$175,314
interest saved
How gap financing works: The equity gap ($36,527) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($14,500, 5% of purchase price) and a second mortgage for the rest ($22,027 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 7250 Eastmoor Drive.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.