Loan Comparison: 5.87% vs 6.5%
20672 Batavia Drive, Aurora, CO 80011 · 3bd/3ba · $419,900
List Price
$419,900
Assumable Rate
5.87%
Remaining Balance
$65,397
Equity Gap
$354,503
Loan Type
VAAdjust Your Scenario
$20,995
$20,995$354,503
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 5.87% (VA)
Blended Rate: 7.23%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,521/moAssumable @ 5.87% + gap loan
$2,719/moAssumed loan: $387/mo
Gap financing: $2,332/mo
Your Savings on This Property
20672 Batavia Drive, Aurora · 5.87% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
How gap financing works: The equity gap ($354,503) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($20,995, 5% of purchase price) and a second mortgage for the rest ($333,508 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 20672 Batavia Drive.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.