Loan Comparison: 3.07% vs 6.5%
4013 Carson, Aurora, CO 80014 · 4bd/2ba · $440,000
List Price
$440,000
Assumable Rate
3.07%
Remaining Balance
$389,505
Equity Gap
$51,327
Loan Type
VAAdjust Your Scenario
$22,000
$22,000$51,327
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.07% (VA)
Blended Rate: 3.45%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,642/moAssumable @ 3.07% + gap loan
$1,882/moAssumed loan: $1,657/mo
Gap financing: $225/mo
$760less per month with the assumable
Your Savings on This Property
4013 Carson, Aurora · 3.07% VA vs 6.5% conventional
$760
per month
$9,116
per year
$273,469
over 30 years
$274,301
interest saved
How gap financing works: The equity gap ($51,327) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($22,000, 5% of purchase price) and a second mortgage for the rest ($29,327 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 4013 Carson.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.