Loan Comparison: 2.87% vs 6.5%
19910 Belleview, Centennial, CO 80015 · 4bd/4ba · $620,000
List Price
$620,000
Assumable Rate
2.87%
Remaining Balance
$331,408
Equity Gap
$288,592
Loan Type
VAAdjust Your Scenario
$31,000
$31,000$288,592
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.87% (VA)
Blended Rate: 5.33%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,723/moAssumable @ 2.87% + gap loan
$3,355/moAssumed loan: $1,374/mo
Gap financing: $1,981/mo
$368less per month with the assumable
Your Savings on This Property
19910 Belleview, Centennial · 2.87% VA vs 6.5% conventional
$368
per month
$4,417
per year
$132,523
over 30 years
$132,523
interest saved
How gap financing works: The equity gap ($288,592) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($31,000, 5% of purchase price) and a second mortgage for the rest ($257,592 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 19910 Belleview.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.