Loan Comparison: 2.84% vs 6.5%
19534 Lindenmere, Monument, CO 80132 · 5bd/4ba · $739,900
List Price
$739,900
Assumable Rate
2.84%
Remaining Balance
$494,814
Equity Gap
$245,085
Loan Type
VAAdjust Your Scenario
$36,995
$36,995$245,085
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.84% (VA)
Blended Rate: 4.52%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,443/moAssumable @ 2.84% + gap loan
$3,644/moAssumed loan: $2,044/mo
Gap financing: $1,600/mo
$799less per month with the assumable
Your Savings on This Property
19534 Lindenmere, Monument · 2.84% VA vs 6.5% conventional
$799
per month
$9,589
per year
$287,678
over 30 years
$287,677
interest saved
How gap financing works: The equity gap ($245,085) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($36,995, 5% of purchase price) and a second mortgage for the rest ($208,090 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 19534 Lindenmere.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.