Loan Comparison: 3.36% vs 6.5%
2701 Hydra, Loveland, CO 80537 · 5bd/4ba · $574,900
List Price
$574,900
Assumable Rate
3.36%
Remaining Balance
$249,869
Equity Gap
$327,455
Loan Type
VAAdjust Your Scenario
$28,745
$28,745$327,455
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.36% (VA)
Blended Rate: 6.16%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,452/moAssumable @ 3.36% + gap loan
$3,399/moAssumed loan: $1,103/mo
Gap financing: $2,297/mo
$53less per month with the assumable
Your Savings on This Property
2701 Hydra, Loveland · 3.36% VA vs 6.5% conventional
$53
per month
$632
per year
$18,958
over 30 years
$21,382
interest saved
How gap financing works: The equity gap ($327,455) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($28,745, 5% of purchase price) and a second mortgage for the rest ($298,710 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 2701 Hydra.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.