Loan Comparison: 2.68% vs 6.5%
17391 Layton, Aurora, CO 80015 · 3bd/2ba · $420,000
List Price
$420,000
Assumable Rate
2.68%
Remaining Balance
$302,540
Equity Gap
$117,459
Loan Type
VAAdjust Your Scenario
$21,000
$21,000$117,459
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.68% (VA)
Blended Rate: 4.09%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,522/moAssumable @ 2.68% + gap loan
$1,966/moAssumed loan: $1,224/mo
Gap financing: $742/mo
$556less per month with the assumable
Your Savings on This Property
17391 Layton, Aurora · 2.68% VA vs 6.5% conventional
$556
per month
$6,676
per year
$200,290
over 30 years
$200,289
interest saved
How gap financing works: The equity gap ($117,459) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($21,000, 5% of purchase price) and a second mortgage for the rest ($96,459 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 17391 Layton.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.