Loan Comparison: 2.9% vs 6.5%
2256 Crabtree Drive, Greenwood Village, CO 80121 · 3bd/2ba · $859,900
List Price
$859,900
Assumable Rate
2.9%
Remaining Balance
$382,005
Equity Gap
$477,895
Loan Type
VAAdjust Your Scenario
$42,995
$42,995$477,895
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.9% (VA)
Blended Rate: 5.35%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,163/moAssumable @ 2.9% + gap loan
$4,631/moAssumed loan: $1,590/mo
Gap financing: $3,041/mo
$532less per month with the assumable
Your Savings on This Property
2256 Crabtree Drive, Greenwood Village · 2.9% VA vs 6.5% conventional
$532
per month
$6,390
per year
$191,697
over 30 years
$191,697
interest saved
How gap financing works: The equity gap ($477,895) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($42,995, 5% of purchase price) and a second mortgage for the rest ($434,900 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 2256 Crabtree Drive.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.