Loan Comparison: 2.72% vs 6.5%
5469 Fox Sparrow Road, Parker, CO 80134 · 5bd/4ba · $1,395,000
List Price
$1,395,000
Assumable Rate
2.72%
Remaining Balance
$418,672
Equity Gap
$976,327
Loan Type
VAAdjust Your Scenario
$69,750
$69,750$976,327
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.72% (VA)
Blended Rate: 5.99%
Monthly Payment Comparison
New Conventional @ 6.5%
$8,376/moAssumable @ 2.72% + gap loan
$8,041/moAssumed loan: $1,703/mo
Gap financing: $6,339/mo
$335less per month with the assumable
Your Savings on This Property
5469 Fox Sparrow Road, Parker · 2.72% VA vs 6.5% conventional
$335
per month
$4,020
per year
$120,606
over 30 years
$120,605
interest saved
How gap financing works: The equity gap ($976,327) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($69,750, 5% of purchase price) and a second mortgage for the rest ($906,577 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 5469 Fox Sparrow Road.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.