Loan Comparison: 3.35% vs 6.5%
9145 Ellis, Arvada, CO 80005 · 4bd/3ba · $745,000
List Price
$745,000
Assumable Rate
3.35%
Remaining Balance
$240,051
Equity Gap
$504,949
Loan Type
VAAdjust Your Scenario
$37,250
$37,250$504,949
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.35% (VA)
Blended Rate: 6.75%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,473/moAssumable @ 3.35% + gap loan
$4,654/moAssumed loan: $1,058/mo
Gap financing: $3,596/mo
Your Savings on This Property
9145 Ellis, Arvada · 3.35% 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 ($504,949) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($37,250, 5% of purchase price) and a second mortgage for the rest ($467,699 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 9145 Ellis.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.