Loan Comparison: 3.61% vs 6.5%
1272 130th, Thornton, CO 80241 · 2bd/3ba · $449,500
List Price
$449,500
Assumable Rate
3.61%
Remaining Balance
$281,475
Equity Gap
$223,964
Loan Type
VAAdjust Your Scenario
$22,475
$22,475$223,964
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.61% (VA)
Blended Rate: 5.65%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,699/moAssumable @ 3.61% + gap loan
$2,831/moAssumed loan: $1,281/mo
Gap financing: $1,549/mo
Your Savings on This Property
1272 130th, Thornton · 3.61% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$8,605
interest saved
How gap financing works: The equity gap ($223,964) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($22,475, 5% of purchase price) and a second mortgage for the rest ($201,489 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 1272 130th.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.