Loan Comparison: 2.98% vs 6.5%
4144 Liverpool, Aurora, CO 80013 · 4bd/3ba · $660,000
List Price
$660,000
Assumable Rate
2.98%
Remaining Balance
$490,840
Equity Gap
$168,089
Loan Type
VAAdjust Your Scenario
$33,000
$33,000$168,089
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.98% (VA)
Blended Rate: 4.17%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,963/moAssumable @ 2.98% + gap loan
$3,103/moAssumed loan: $2,064/mo
Gap financing: $1,039/mo
$860less per month with the assumable
Your Savings on This Property
4144 Liverpool, Aurora · 2.98% VA vs 6.5% conventional
$860
per month
$10,323
per year
$309,686
over 30 years
$308,615
interest saved
How gap financing works: The equity gap ($168,089) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($33,000, 5% of purchase price) and a second mortgage for the rest ($135,089 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 4144 Liverpool.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.