Loan Comparison: 4.72% vs 6.5%
4647 Gray Wolf Lane, Castle Rock, CO 80109 · 2bd/3ba · $700,000
List Price
$700,000
Assumable Rate
4.72%
Remaining Balance
$551,975
Equity Gap
$148,024
Loan Type
VAAdjust Your Scenario
$35,000
$35,000$148,024
7.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.72% (VA)
Blended Rate: 5.19%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,203/moAssumable @ 4.72% + gap loan
$3,660/moAssumed loan: $2,869/mo
Gap financing: $790/mo
$544less per month with the assumable
Your Savings on This Property
4647 Gray Wolf Lane, Castle Rock · 4.72% VA vs 6.5% conventional
$544
per month
$6,523
per year
$195,690
over 30 years
$195,689
interest saved
How gap financing works: The equity gap ($148,024) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($35,000, 5% of purchase price) and a second mortgage for the rest ($113,024 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 4647 Gray Wolf Lane.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.