Loan Comparison: 6.81% vs 6.5%
10467 Mile Post Loop, Fountain, CO 80906 · 5bd/3ba · $540,000
List Price
$540,000
Assumable Rate
6.81%
Remaining Balance
$427,729
Equity Gap
$112,270
Loan Type
VAAdjust Your Scenario
$27,000
$27,000$112,270
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 6.81% (VA)
Blended Rate: 6.92%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,243/moAssumable @ 6.81% + gap loan
$3,388/moAssumed loan: $2,791/mo
Gap financing: $596/mo
Your Savings on This Property
10467 Mile Post Loop, Fountain · 6.81% 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 ($112,270) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($27,000, 5% of purchase price) and a second mortgage for the rest ($85,270 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 10467 Mile Post Loop.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.