Loan Comparison: 3.07% vs 6.5%
3175 Ensenada Way, Aurora, CO 80013 · 4bd/4ba · $439,999
List Price
$439,999
Assumable Rate
3.07%
Remaining Balance
$345,641
Equity Gap
$94,358
Loan Type
VAAdjust Your Scenario
$22,000
$22,000$94,358
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.07% (VA)
Blended Rate: 3.84%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,642/moAssumable @ 3.07% + gap loan
$1,976/moAssumed loan: $1,470/mo
Gap financing: $506/mo
$666less per month with the assumable
Your Savings on This Property
3175 Ensenada Way, Aurora · 3.07% VA vs 6.5% conventional
$666
per month
$7,989
per year
$239,682
over 30 years
$239,682
interest saved
How gap financing works: The equity gap ($94,358) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($22,000, 5% of purchase price) and a second mortgage for the rest ($72,358 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 3175 Ensenada Way.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.