Loan Comparison: 3.71% vs 6.5%
2522 Atchison Street, Aurora, CO 80011 · 3bd/3ba · $440,000
List Price
$440,000
Assumable Rate
3.71%
Remaining Balance
$103,854
Equity Gap
$336,145
Loan Type
VAAdjust Your Scenario
$22,000
$22,000$336,145
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.71% (VA)
Blended Rate: 6.56%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,642/moAssumable @ 3.71% + gap loan
$2,675/moAssumed loan: $479/mo
Gap financing: $2,197/mo
Your Savings on This Property
2522 Atchison Street, Aurora · 3.71% 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 ($336,145) 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 ($314,145 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 2522 Atchison Street.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.