Loan Comparison: 6.09% vs 6.5%
12875 Morning Breeze Way, Peyton, CO 80831 · 5bd/5ba · $654,900
List Price
$654,900
Assumable Rate
6.09%
Remaining Balance
$615,510
Equity Gap
$39,389
Loan Type
VAAdjust Your Scenario
$32,745
$32,745$39,389
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 6.09% (VA)
Blended Rate: 6.11%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,932/moAssumable @ 6.09% + gap loan
$3,772/moAssumed loan: $3,726/mo
Gap financing: $46/mo
$160less per month with the assumable
Your Savings on This Property
12875 Morning Breeze Way, Peyton · 6.09% VA vs 6.5% conventional
$160
per month
$1,920
per year
$57,601
over 30 years
$57,600
interest saved
How gap financing works: The equity gap ($39,389) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($32,745, 5% of purchase price) and a second mortgage for the rest ($6,644 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 12875 Morning Breeze Way.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.