Loan Comparison: 3.06% vs 6.5%
4855 Sungold, Castle Rock, CO 80109 · 4bd/3ba · $595,000
List Price
$595,000
Assumable Rate
3.06%
Remaining Balance
$367,670
Equity Gap
$227,329
Loan Type
VAAdjust Your Scenario
$29,750
$29,750$227,329
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.06% (VA)
Blended Rate: 4.96%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,573/moAssumable @ 3.06% + gap loan
$3,081/moAssumed loan: $1,562/mo
Gap financing: $1,519/mo
$492less per month with the assumable
Your Savings on This Property
4855 Sungold, Castle Rock · 3.06% VA vs 6.5% conventional
$492
per month
$5,898
per year
$176,947
over 30 years
$176,946
interest saved
How gap financing works: The equity gap ($227,329) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($29,750, 5% of purchase price) and a second mortgage for the rest ($197,579 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 4855 Sungold.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.