Loan Comparison: 5.72% vs 6.5%
9881 Everglades, Peyton, CO 80831 · 3bd/3ba · $475,000
List Price
$475,000
Assumable Rate
5.72%
Remaining Balance
$131,816
Equity Gap
$343,184
Loan Type
VAAdjust Your Scenario
$23,750
$23,750$343,184
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 5.72% (VA)
Blended Rate: 7.69%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,852/moAssumable @ 5.72% + gap loan
$3,223/moAssumed loan: $767/mo
Gap financing: $2,456/mo
Your Savings on This Property
9881 Everglades, Peyton · 5.72% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
How gap financing works: The equity gap ($343,184) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($23,750, 5% of purchase price) and a second mortgage for the rest ($319,434 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 9881 Everglades.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.