Loan Comparison: 3.5% vs 6.5%
17030 Pecos, Broomfield, CO 80023 · 4bd/3ba · $724,900
List Price
$724,900
Assumable Rate
3.5%
Remaining Balance
$477,447
Equity Gap
$246,401
Loan Type
VAAdjust Your Scenario
$36,245
$36,245$246,401
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.5% (VA)
Blended Rate: 5.03%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,353/moAssumable @ 3.5% + gap loan
$3,760/moAssumed loan: $2,144/mo
Gap financing: $1,616/mo
$593less per month with the assumable
Your Savings on This Property
17030 Pecos, Broomfield · 3.5% VA vs 6.5% conventional
$593
per month
$7,115
per year
$213,444
over 30 years
$212,392
interest saved
How gap financing works: The equity gap ($246,401) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($36,245, 5% of purchase price) and a second mortgage for the rest ($210,156 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 17030 Pecos.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.