Loan Comparison: 3.35% vs 6.5%
7930 Enclave Lane, Fountain, CO 80817 · 3bd/1ba · $449,999
List Price
$449,999
Assumable Rate
3.35%
Remaining Balance
$164,484
Equity Gap
$285,515
Loan Type
VAAdjust Your Scenario
$22,500
$22,500$285,515
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.35% (VA)
Blended Rate: 5.90%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,702/moAssumable @ 3.35% + gap loan
$2,564/moAssumed loan: $725/mo
Gap financing: $1,839/mo
$138less per month with the assumable
Your Savings on This Property
7930 Enclave Lane, Fountain · 3.35% VA vs 6.5% conventional
$138
per month
$1,658
per year
$49,731
over 30 years
$49,731
interest saved
How gap financing works: The equity gap ($285,515) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($22,500, 5% of purchase price) and a second mortgage for the rest ($263,015 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 7930 Enclave Lane.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.