Loan Comparison: 3.77% vs 6.5%
3770 Walden, Aurora, CO 80013 · 4bd/3ba · $525,000
List Price
$525,000
Assumable Rate
3.77%
Remaining Balance
$303,494
Equity Gap
$221,506
Loan Type
FHAAdjust Your Scenario
$26,250
$26,250$221,506
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.77% (FHA)
Blended Rate: 5.62%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,152/moAssumable @ 3.77% + gap loan
$2,910/moAssumed loan: $1,409/mo
Gap financing: $1,501/mo
$242less per month with the assumable
Your Savings on This Property
3770 Walden, Aurora · 3.77% FHA vs 6.5% conventional
$242
per month
$2,905
per year
$87,161
over 30 years
$87,161
interest saved
How gap financing works: The equity gap ($221,506) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($26,250, 5% of purchase price) and a second mortgage for the rest ($195,256 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 3770 Walden.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.