Loan Comparison: 2.75% vs 6.5%
7231 Webster, Littleton, CO 80128 · 3bd/3ba · $634,900
List Price
$634,900
Assumable Rate
2.75%
Remaining Balance
$262,400
Equity Gap
$372,499
Loan Type
VAAdjust Your Scenario
$31,745
$31,745$372,499
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.75% (VA)
Blended Rate: 6.00%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,812/moAssumable @ 2.75% + gap loan
$3,691/moAssumed loan: $1,071/mo
Gap financing: $2,620/mo
$121less per month with the assumable
Your Savings on This Property
7231 Webster, Littleton · 2.75% VA vs 6.5% conventional
$121
per month
$1,452
per year
$43,568
over 30 years
$43,567
interest saved
How gap financing works: The equity gap ($372,499) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($31,745, 5% of purchase price) and a second mortgage for the rest ($340,754 at 8.5%). 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 7231 Webster.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.