Loan Comparison: 3.25% vs 6.5%
2265 Ivanhoe, Denver, CO 80207 · 3bd/2ba · $799,900
List Price
$799,900
Assumable Rate
3.25%
Remaining Balance
$255,229
Equity Gap
$540,096
Loan Type
VAAdjust Your Scenario
$39,995
$39,995$540,096
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.25% (VA)
Blended Rate: 6.73%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,803/moAssumable @ 3.25% + gap loan
$4,956/moAssumed loan: $1,111/mo
Gap financing: $3,845/mo
Your Savings on This Property
2265 Ivanhoe, Denver · 3.25% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
How gap financing works: The equity gap ($540,096) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($39,995, 5% of purchase price) and a second mortgage for the rest ($500,101 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 2265 Ivanhoe.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.