Loan Comparison: 4.86% vs 6.5%
7290 Euclid, Centennial, CO 80111 · 4bd/3ba · $595,000
List Price
$595,000
Assumable Rate
4.86%
Remaining Balance
$35,559
Equity Gap
$676,168
Loan Type
VAAdjust Your Scenario
$29,750
$29,750$676,168
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.86% (VA)
Blended Rate: 8.31%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,573/moAssumable @ 4.86% + gap loan
$5,158/moAssumed loan: $188/mo
Gap financing: $4,970/mo
Your Savings on This Property
7290 Euclid, Centennial · 4.86% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
How gap financing works: The equity gap ($676,168) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($29,750, 5% of purchase price) and a second mortgage for the rest ($646,418 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 7290 Euclid.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.