Loan Comparison: 3.69% vs 6.5%
18032 Loyola, Aurora, CO 80013 · 4bd/2ba · $449,000
List Price
$449,000
Assumable Rate
3.69%
Remaining Balance
$301,010
Equity Gap
$147,989
Loan Type
VAAdjust Your Scenario
$22,450
$22,450$147,989
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.69% (VA)
Blended Rate: 5.11%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,696/moAssumable @ 3.69% + gap loan
$2,349/moAssumed loan: $1,384/mo
Gap financing: $965/mo
$347less per month with the assumable
Your Savings on This Property
18032 Loyola, Aurora · 3.69% VA vs 6.5% conventional
$347
per month
$4,164
per year
$124,921
over 30 years
$124,920
interest saved
How gap financing works: The equity gap ($147,989) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($22,450, 5% of purchase price) and a second mortgage for the rest ($125,539 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 18032 Loyola.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.