Loan Comparison: 4.12% vs 6.5%
9155 Center Avenue, Denver, CO 80247 · 3bd/3ba · $185,000
List Price
$185,000
Assumable Rate
4.12%
Remaining Balance
$74,724
Equity Gap
$110,275
Loan Type
VAAdjust Your Scenario
$9,250
$9,250$110,275
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.12% (VA)
Blended Rate: 6.06%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,111/moAssumable @ 4.12% + gap loan
$1,068/moAssumed loan: $362/mo
Gap financing: $706/mo
$43less per month with the assumable
Your Savings on This Property
9155 Center Avenue, Denver · 4.12% VA vs 6.5% conventional
$43
per month
$511
per year
$15,316
over 30 years
$15,315
interest saved
How gap financing works: The equity gap ($110,275) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($9,250, 5% of purchase price) and a second mortgage for the rest ($101,025 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 9155 Center Avenue.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.