Loan Comparison: 6.81% vs 6.5%
24782 Wyoming Circle, Aurora, CO 80018 · 3bd/3ba · $532,250
List Price
$532,250
Assumable Rate
6.81%
Remaining Balance
$499,091
Equity Gap
$33,159
Loan Type
FHAAdjust Your Scenario
$26,613
$26,613$33,159
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 6.81% (FHA)
Blended Rate: 6.82%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,196/moAssumable @ 6.81% + gap loan
$3,303/moAssumed loan: $3,257/mo
Gap financing: $46/mo
Your Savings on This Property
24782 Wyoming Circle, Aurora · 6.81% 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 ($33,159) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($26,613, 5% of purchase price) and a second mortgage for the rest ($6,546 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 24782 Wyoming Circle.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.