Loan Comparison: 3.67% vs 6.5%
4531 Cedar Glen, Castle Rock, CO 80109 · 4bd/3ba · $750,000
List Price
$750,000
Assumable Rate
3.67%
Remaining Balance
$294,809
Equity Gap
$455,191
Loan Type
VAAdjust Your Scenario
$37,500
$37,500$455,191
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.67% (VA)
Blended Rate: 6.50%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,503/moAssumable @ 3.67% + gap loan
$4,564/moAssumed loan: $1,352/mo
Gap financing: $3,212/mo
Your Savings on This Property
4531 Cedar Glen, Castle Rock · 3.67% 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 ($455,191) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($37,500, 5% of purchase price) and a second mortgage for the rest ($417,691 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 4531 Cedar Glen.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.