Loan Comparison: 2.99% vs 6.5%
10527 Troy, Commerce City, CO 80022 · 6bd/3ba · $529,000
List Price
$529,000
Assumable Rate
2.99%
Remaining Balance
$336,669
Equity Gap
$191,342
Loan Type
VAAdjust Your Scenario
$26,450
$26,450$191,342
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.99% (VA)
Blended Rate: 4.80%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,176/moAssumable @ 2.99% + gap loan
$2,685/moAssumed loan: $1,418/mo
Gap financing: $1,268/mo
$491less per month with the assumable
Your Savings on This Property
10527 Troy, Commerce City · 2.99% VA vs 6.5% conventional
$491
per month
$5,892
per year
$176,755
over 30 years
$175,766
interest saved
How gap financing works: The equity gap ($191,342) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($26,450, 5% of purchase price) and a second mortgage for the rest ($164,892 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 10527 Troy.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.