Loan Comparison: 2.81% vs 6.5%
3100 Huron, Denver, CO 80202 · 2bd/2ba · $588,965
List Price
$588,965
Assumable Rate
2.81%
Remaining Balance
$293,036
Equity Gap
$295,259
Loan Type
VAAdjust Your Scenario
$29,448
$29,448$295,259
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.81% (VA)
Blended Rate: 5.52%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,537/moAssumable @ 2.81% + gap loan
$3,249/moAssumed loan: $1,206/mo
Gap financing: $2,044/mo
$287less per month with the assumable
Your Savings on This Property
3100 Huron, Denver · 2.81% VA vs 6.5% conventional
$287
per month
$3,445
per year
$103,335
over 30 years
$102,666
interest saved
How gap financing works: The equity gap ($295,259) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($29,448, 5% of purchase price) and a second mortgage for the rest ($265,811 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 3100 Huron.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.