Loan Comparison: 3.2% vs 6.5%
3883 Winter Sun Drive, Colorado Springs, CO 80925 · 3bd/2ba · $425,000
List Price
$425,000
Assumable Rate
3.2%
Remaining Balance
$296,457
Equity Gap
$128,543
Loan Type
VAAdjust Your Scenario
$21,250
$21,250$128,543
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.2% (VA)
Blended Rate: 4.34%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,552/moAssumable @ 3.2% + gap loan
$2,032/moAssumed loan: $1,282/mo
Gap financing: $750/mo
$520less per month with the assumable
Your Savings on This Property
3883 Winter Sun Drive, Colorado Springs · 3.2% VA vs 6.5% conventional
$520
per month
$6,236
per year
$187,088
over 30 years
$187,088
interest saved
How gap financing works: The equity gap ($128,543) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($21,250, 5% of purchase price) and a second mortgage for the rest ($107,293 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 3883 Winter Sun Drive.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.