Loan Comparison: 2.76% vs 6.5%
4418 Fig, Golden, CO 80403 · 4bd/3ba · $800,000
List Price
$800,000
Assumable Rate
2.76%
Remaining Balance
$625,660
Equity Gap
$174,340
Loan Type
VAAdjust Your Scenario
$40,000
$40,000$174,340
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.76% (VA)
Blended Rate: 3.77%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,804/moAssumable @ 2.76% + gap loan
$3,590/moAssumed loan: $2,558/mo
Gap financing: $1,033/mo
$1,213less per month with the assumable
Your Savings on This Property
4418 Fig, Golden · 2.76% VA vs 6.5% conventional
$1,213
per month
$14,559
per year
$436,767
over 30 years
$436,767
interest saved
How gap financing works: The equity gap ($174,340) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($40,000, 5% of purchase price) and a second mortgage for the rest ($134,340 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.
📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.