Loan Comparison: 3.75% vs 6.5%
18984 85th, Arvada, CO 80007 · 5bd/5ba · $1,100,000
List Price
$1,100,000
Assumable Rate
3.75%
Remaining Balance
$694,888
Equity Gap
$402,474
Loan Type
VAAdjust Your Scenario
$55,000
$55,000$402,474
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.75% (VA)
Blended Rate: 5.33%
Monthly Payment Comparison
New Conventional @ 6.5%
$6,605/moAssumable @ 3.75% + gap loan
$5,890/moAssumed loan: $3,218/mo
Gap financing: $2,672/mo
$715less per month with the assumable
Your Savings on This Property
18984 85th, Arvada · 3.75% VA vs 6.5% conventional
$715
per month
$8,582
per year
$257,473
over 30 years
$254,835
interest saved
How gap financing works: The equity gap ($402,474) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($55,000, 5% of purchase price) and a second mortgage for the rest ($347,474 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.