Loan Comparison: 2.74% vs 6.5%
4616 Malaya, Aurora, CO 80015 · 2bd/2ba · $520,000
List Price
$520,000
Assumable Rate
2.74%
Remaining Balance
$393,685
Equity Gap
$126,315
Loan Type
VAAdjust Your Scenario
$26,000
$26,000$126,315
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.74% (VA)
Blended Rate: 3.91%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,122/moAssumable @ 2.74% + gap loan
$2,376/moAssumed loan: $1,605/mo
Gap financing: $771/mo
$746less per month with the assumable
Your Savings on This Property
4616 Malaya, Aurora · 2.74% VA vs 6.5% conventional
$746
per month
$8,952
per year
$268,553
over 30 years
$268,553
interest saved
How gap financing works: The equity gap ($126,315) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($26,000, 5% of purchase price) and a second mortgage for the rest ($100,315 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 4616 Malaya.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.