Loan Comparison: 2.88% vs 6.5%
9622 Fairway Glen, Peyton, CO 80831 · 4bd/5ba · $759,900
List Price
$759,900
Assumable Rate
2.88%
Remaining Balance
$539,325
Equity Gap
$220,574
Loan Type
VAAdjust Your Scenario
$37,995
$37,995$220,574
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.88% (VA)
Blended Rate: 4.30%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,563/moAssumable @ 2.88% + gap loan
$3,643/moAssumed loan: $2,239/mo
Gap financing: $1,404/mo
$920less per month with the assumable
Your Savings on This Property
9622 Fairway Glen, Peyton · 2.88% VA vs 6.5% conventional
$920
per month
$11,040
per year
$331,198
over 30 years
$331,197
interest saved
How gap financing works: The equity gap ($220,574) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($37,995, 5% of purchase price) and a second mortgage for the rest ($182,579 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 9622 Fairway Glen.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.