Loan Comparison: 4.27% vs 6.5%
3865 Dayton, Aurora, CO 80014 · 2bd/2ba · $365,900
List Price
$365,900
Assumable Rate
4.27%
Remaining Balance
$260,530
Equity Gap
$105,369
Loan Type
FHAAdjust Your Scenario
$18,295
$18,295$105,369
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.27% (FHA)
Blended Rate: 5.33%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,197/moAssumable @ 4.27% + gap loan
$1,954/moAssumed loan: $1,285/mo
Gap financing: $670/mo
$243less per month with the assumable
Your Savings on This Property
3865 Dayton, Aurora · 4.27% FHA vs 6.5% conventional
$243
per month
$2,914
per year
$87,434
over 30 years
$87,433
interest saved
How gap financing works: The equity gap ($105,369) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($18,295, 5% of purchase price) and a second mortgage for the rest ($87,074 at 8.5%). 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 3865 Dayton.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.