Loan Comparison: 2.18% vs 6.5%
4601 Robb Street, Wheat Ridge, CO 80204 · 3bd/2ba · $900,000
List Price
$900,000
Assumable Rate
2.18%
Remaining Balance
$305,733
Equity Gap
$594,266
Loan Type
VAAdjust Your Scenario
$45,000
$45,000$594,266
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.18% (VA)
Blended Rate: 5.60%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,404/moAssumable @ 2.18% + gap loan
$4,998/moAssumed loan: $1,158/mo
Gap financing: $3,841/mo
$406less per month with the assumable
Your Savings on This Property
4601 Robb Street, Wheat Ridge · 2.18% VA vs 6.5% conventional
$406
per month
$4,870
per year
$146,112
over 30 years
$146,111
interest saved
How gap financing works: The equity gap ($594,266) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($45,000, 5% of purchase price) and a second mortgage for the rest ($549,266 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 4601 Robb Street.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.