Loan Comparison: 4.42% vs 6.5%
12251 57th, Arvada, CO 80002 · 4bd/4ba · $640,000
List Price
$640,000
Assumable Rate
4.42%
Remaining Balance
$586,463
Equity Gap
$52,530
Loan Type
VAAdjust Your Scenario
$32,000
$32,000$52,530
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.42% (VA)
Blended Rate: 4.56%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,843/moAssumable @ 4.42% + gap loan
$3,102/moAssumed loan: $2,944/mo
Gap financing: $158/mo
$741less per month with the assumable
Your Savings on This Property
12251 57th, Arvada · 4.42% VA vs 6.5% conventional
$741
per month
$8,897
per year
$266,906
over 30 years
$265,899
interest saved
How gap financing works: The equity gap ($52,530) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($32,000, 5% of purchase price) and a second mortgage for the rest ($20,530 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 12251 57th.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.