Loan Comparison: 4.82% vs 6.5%
10008 Vaughn, Commerce City, CO 80022 · 5bd/4ba · $685,000
List Price
$685,000
Assumable Rate
4.82%
Remaining Balance
$639,678
Equity Gap
$45,321
Loan Type
VAAdjust Your Scenario
$34,250
$34,250$45,321
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.82% (VA)
Blended Rate: 4.88%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,113/moAssumable @ 4.82% + gap loan
$3,449/moAssumed loan: $3,364/mo
Gap financing: $85/mo
$664less per month with the assumable
Your Savings on This Property
10008 Vaughn, Commerce City · 4.82% VA vs 6.5% conventional
$664
per month
$7,970
per year
$239,094
over 30 years
$239,093
interest saved
How gap financing works: The equity gap ($45,321) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($34,250, 5% of purchase price) and a second mortgage for the rest ($11,071 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 10008 Vaughn.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.