Loan Comparison: 2.77% vs 6.5%
9813 Fairway Glen, Peyton, CO 80831 · 5bd/4ba · $774,999
List Price
$774,999
Assumable Rate
2.77%
Remaining Balance
$555,302
Equity Gap
$218,414
Loan Type
VAAdjust Your Scenario
$38,750
$38,750$218,414
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.77% (VA)
Blended Rate: 4.17%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,654/moAssumable @ 2.77% + gap loan
$3,654/moAssumed loan: $2,273/mo
Gap financing: $1,381/mo
$999less per month with the assumable
Your Savings on This Property
9813 Fairway Glen, Peyton · 2.77% VA vs 6.5% conventional
$999
per month
$11,991
per year
$359,739
over 30 years
$358,456
interest saved
How gap financing works: The equity gap ($218,414) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($38,750, 5% of purchase price) and a second mortgage for the rest ($179,664 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 9813 Fairway Glen.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.