Loan Comparison: 4.08% vs 6.5%
3538 Raccoon Lane, Pueblo, CO 81005 · 3bd/1ba · $439,900
List Price
$439,900
Assumable Rate
4.08%
Remaining Balance
$183,558
Equity Gap
$256,341
Loan Type
VAAdjust Your Scenario
$21,995
$21,995$256,341
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.08% (VA)
Blended Rate: 6.00%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,641/moAssumable @ 4.08% + gap loan
$2,523/moAssumed loan: $885/mo
Gap financing: $1,639/mo
$118less per month with the assumable
Your Savings on This Property
3538 Raccoon Lane, Pueblo · 4.08% VA vs 6.5% conventional
$118
per month
$1,417
per year
$42,495
over 30 years
$42,494
interest saved
How gap financing works: The equity gap ($256,341) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($21,995, 5% of purchase price) and a second mortgage for the rest ($234,346 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 3538 Raccoon Lane.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.