Loan Comparison: 2.25% vs 6.5%
1750 Gaylord, Denver, CO 80206 · 1bd/1ba · $234,000
List Price
$234,000
Assumable Rate
2.25%
Remaining Balance
$220,204
Equity Gap
$13,288
Loan Type
VAAdjust Your Scenario
$11,700
$11,700$13,288
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.25% (VA)
Blended Rate: 2.29%
Monthly Payment Comparison
New Conventional @ 6.5%
$1,405/moAssumable @ 2.25% + gap loan
$854/moAssumed loan: $842/mo
Gap financing: $12/mo
$551less per month with the assumable
Your Savings on This Property
1750 Gaylord, Denver · 2.25% VA vs 6.5% conventional
$551
per month
$6,614
per year
$198,416
over 30 years
$197,908
interest saved
How gap financing works: The equity gap ($13,288) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($11,700, 5% of purchase price) and a second mortgage for the rest ($1,588 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 1750 Gaylord.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.