Loan Comparison: 5.09% vs 6.5%
13258 Dominus Way, Colorado Springs, CO 80921 · 3bd/3ba · $1,050,000
List Price
$1,050,000
Assumable Rate
5.09%
Remaining Balance
$895,926
Equity Gap
$154,073
Loan Type
VAAdjust Your Scenario
$52,500
$52,500$154,073
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 5.09% (VA)
Blended Rate: 5.34%
Monthly Payment Comparison
New Conventional @ 6.5%
$6,305/moAssumable @ 5.09% + gap loan
$5,569/moAssumed loan: $4,859/mo
Gap financing: $710/mo
$736less per month with the assumable
Your Savings on This Property
13258 Dominus Way, Colorado Springs · 5.09% VA vs 6.5% conventional
$736
per month
$8,829
per year
$264,867
over 30 years
$264,866
interest saved
How gap financing works: The equity gap ($154,073) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($52,500, 5% of purchase price) and a second mortgage for the rest ($101,573 at 7.5%). 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 13258 Dominus Way.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.