Loan Comparison: 2.72% vs 6.5%
10432 82nd, Arvada, CO 80005 · 4bd/4ba · $575,000
List Price
$575,000
Assumable Rate
2.72%
Remaining Balance
$359,257
Equity Gap
$214,888
Loan Type
VAAdjust Your Scenario
$28,750
$28,750$214,888
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.72% (VA)
Blended Rate: 4.69%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,453/moAssumable @ 2.72% + gap loan
$2,892/moAssumed loan: $1,461/mo
Gap financing: $1,431/mo
$560less per month with the assumable
Your Savings on This Property
10432 82nd, Arvada · 2.72% VA vs 6.5% conventional
$560
per month
$6,726
per year
$201,780
over 30 years
$200,925
interest saved
How gap financing works: The equity gap ($214,888) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($28,750, 5% of purchase price) and a second mortgage for the rest ($186,138 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 10432 82nd.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.