Loan Comparison: 3.125% vs 6.5%
549 Hearthstone, Brighton, CO 80601 · 5bd/3ba · $655,000
List Price
$655,000
Assumable Rate
3.125%
Remaining Balance
$422,679
Equity Gap
$223,928
Loan Type
VAAdjust Your Scenario
$32,750
$32,750$223,928
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.125% (VA)
Blended Rate: 4.80%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,933/moAssumable @ 3.125% + gap loan
$3,281/moAssumed loan: $1,811/mo
Gap financing: $1,470/mo
$652less per month with the assumable
Your Savings on This Property
549 Hearthstone, Brighton · 3.125% VA vs 6.5% conventional
$652
per month
$7,829
per year
$234,863
over 30 years
$226,470
interest saved
How gap financing works: The equity gap ($223,928) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($32,750, 5% of purchase price) and a second mortgage for the rest ($191,178 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 549 Hearthstone.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.