Loan Comparison: 2.81% vs 6.5%
4836 Wenatchee, Aurora, CO 80015 · 6bd/5ba · $800,000
List Price
$800,000
Assumable Rate
2.81%
Remaining Balance
$452,864
Equity Gap
$347,135
Loan Type
FHAAdjust Your Scenario
$40,000
$40,000$347,135
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.81% (FHA)
Blended Rate: 5.11%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,804/moAssumable @ 2.81% + gap loan
$4,225/moAssumed loan: $1,863/mo
Gap financing: $2,362/mo
$579less per month with the assumable
Your Savings on This Property
4836 Wenatchee, Aurora · 2.81% FHA vs 6.5% conventional
$579
per month
$6,947
per year
$208,409
over 30 years
$208,408
interest saved
How gap financing works: The equity gap ($347,135) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($40,000, 5% of purchase price) and a second mortgage for the rest ($307,135 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 4836 Wenatchee.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.