Loan Comparison: 3.76% vs 6.5%
17850 Blacksmith Drive, Peyton, CO 80831 · 5bd/3ba · $725,000
List Price
$725,000
Assumable Rate
3.76%
Remaining Balance
$137,434
Equity Gap
$587,566
Loan Type
VAAdjust Your Scenario
$36,250
$36,250$587,566
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.76% (VA)
Blended Rate: 6.75%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,353/moAssumable @ 3.76% + gap loan
$4,492/moAssumed loan: $637/mo
Gap financing: $3,855/mo
Your Savings on This Property
17850 Blacksmith Drive, Peyton · 3.76% 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 ($587,566) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($36,250, 5% of purchase price) and a second mortgage for the rest ($551,316 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 17850 Blacksmith Drive.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.