Loan Comparison: 6.26% vs 6.5%
11292 Kingston Street, Henderson, CO 80640 · 4bd/3ba · $535,000
List Price
$535,000
Assumable Rate
6.26%
Remaining Balance
$474,783
Equity Gap
$60,216
Loan Type
VAAdjust Your Scenario
$26,750
$26,750$60,216
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 6.26% (VA)
Blended Rate: 6.34%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,212/moAssumable @ 6.26% + gap loan
$3,160/moAssumed loan: $2,926/mo
Gap financing: $234/mo
$52less per month with the assumable
Your Savings on This Property
11292 Kingston Street, Henderson · 6.26% VA vs 6.5% conventional
$52
per month
$625
per year
$18,748
over 30 years
$18,747
interest saved
How gap financing works: The equity gap ($60,216) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($26,750, 5% of purchase price) and a second mortgage for the rest ($33,466 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 11292 Kingston Street.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.