Loan Comparison: 6.47% vs 6.5%
15871 Agate Creek Drive, Monument, CO 80132 · 4bd/3ba · $875,000
List Price
$875,000
Assumable Rate
6.47%
Remaining Balance
$758,586
Equity Gap
$116,414
Loan Type
VAAdjust Your Scenario
$43,750
$43,750$116,414
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 6.47% (VA)
Blended Rate: 6.56%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,254/moAssumable @ 6.47% + gap loan
$5,288/moAssumed loan: $4,780/mo
Gap financing: $508/mo
Your Savings on This Property
15871 Agate Creek Drive, Monument · 6.47% 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 ($116,414) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($43,750, 5% of purchase price) and a second mortgage for the rest ($72,664 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 15871 Agate Creek Drive.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.