Loan Comparison: 3.08% vs 6.5%
10763 Calista, Fountain, CO 80817 · 3bd/3ba · $460,000
List Price
$460,000
Assumable Rate
3.08%
Remaining Balance
$385,081
Equity Gap
$74,079
Loan Type
VAAdjust Your Scenario
$23,000
$23,000$74,079
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.08% (VA)
Blended Rate: 3.71%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,762/moAssumable @ 3.08% + gap loan
$2,033/moAssumed loan: $1,640/mo
Gap financing: $393/mo
$729less per month with the assumable
Your Savings on This Property
10763 Calista, Fountain · 3.08% VA vs 6.5% conventional
$729
per month
$8,750
per year
$262,514
over 30 years
$261,674
interest saved
How gap financing works: The equity gap ($74,079) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($23,000, 5% of purchase price) and a second mortgage for the rest ($51,079 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 10763 Calista.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.