Loan Comparison: 3.75% vs 6.5%
12407 Mount Bross Place, Peyton, CO 80831 · 4bd/3ba · $532,000
List Price
$532,000
Assumable Rate
3.75%
Remaining Balance
$107,471
Equity Gap
$424,528
Loan Type
VAAdjust Your Scenario
$26,600
$26,600$424,528
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.75% (VA)
Blended Rate: 6.70%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,194/moAssumable @ 3.75% + gap loan
$3,280/moAssumed loan: $498/mo
Gap financing: $2,782/mo
Your Savings on This Property
12407 Mount Bross Place, Peyton · 3.75% 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 ($424,528) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($26,600, 5% of purchase price) and a second mortgage for the rest ($397,928 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 12407 Mount Bross Place.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.