Loan Comparison: 3.76% vs 6.5%
3530 Sawtooth, Frederick, CO 80516 · 3bd/3ba · $549,900
List Price
$549,900
Assumable Rate
3.76%
Remaining Balance
$354,290
Equity Gap
$195,609
Loan Type
VAAdjust Your Scenario
$27,495
$27,495$195,609
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.76% (VA)
Blended Rate: 5.29%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,302/moAssumable @ 3.76% + gap loan
$2,935/moAssumed loan: $1,643/mo
Gap financing: $1,293/mo
$367less per month with the assumable
Your Savings on This Property
3530 Sawtooth, Frederick · 3.76% VA vs 6.5% conventional
$367
per month
$4,398
per year
$131,947
over 30 years
$131,946
interest saved
How gap financing works: The equity gap ($195,609) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($27,495, 5% of purchase price) and a second mortgage for the rest ($168,114 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 3530 Sawtooth.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.