Loan Comparison: 3.75% vs 6.5%
18984 85th, Arvada, CO 80007 · 5bd/5ba · $1,150,000
List Price
$1,150,000
Assumable Rate
3.75%
Remaining Balance
$697,526
Equity Gap
$452,474
Loan Type
VAAdjust Your Scenario
$57,500
$57,500$452,474
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.75% (VA)
Blended Rate: 5.47%
Monthly Payment Comparison
New Conventional @ 6.5%
$6,905/moAssumable @ 3.75% + gap loan
$6,267/moAssumed loan: $3,230/mo
Gap financing: $3,037/mo
$638less per month with the assumable
Your Savings on This Property
18984 85th, Arvada · 3.75% VA vs 6.5% conventional
$638
per month
$7,656
per year
$229,674
over 30 years
$229,674
interest saved
How gap financing works: The equity gap ($452,474) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($57,500, 5% of purchase price) and a second mortgage for the rest ($394,974 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 18984 85th.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.