Loan Comparison: 3.45% vs 6.5%
5748 Duquesne, Aurora, CO 80016 · 5bd/5ba · $770,000
List Price
$770,000
Assumable Rate
3.45%
Remaining Balance
$404,352
Equity Gap
$365,647
Loan Type
VAAdjust Your Scenario
$38,500
$38,500$365,647
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.45% (VA)
Blended Rate: 5.71%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,624/moAssumable @ 3.45% + gap loan
$4,320/moAssumed loan: $1,804/mo
Gap financing: $2,515/mo
$304less per month with the assumable
Your Savings on This Property
5748 Duquesne, Aurora · 3.45% VA vs 6.5% conventional
$304
per month
$3,644
per year
$109,313
over 30 years
$109,312
interest saved
How gap financing works: The equity gap ($365,647) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($38,500, 5% of purchase price) and a second mortgage for the rest ($327,147 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 5748 Duquesne.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.