Loan Comparison: 6.42% vs 6.5%
19468 65th Place, Aurora, CO 80019 · 2bd/2ba · $499,999
List Price
$499,999
Assumable Rate
6.42%
Remaining Balance
$117,723
Equity Gap
$382,276
Loan Type
FHAAdjust Your Scenario
$25,000
$25,000$382,276
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 6.42% (FHA)
Blended Rate: 7.23%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,002/moAssumable @ 6.42% + gap loan
$3,236/moAssumed loan: $738/mo
Gap financing: $2,498/mo
Your Savings on This Property
19468 65th Place, Aurora · 6.42% 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 ($382,276) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($25,000, 5% of purchase price) and a second mortgage for the rest ($357,276 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 19468 65th Place.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.