Loan Comparison: 3.67% vs 6.5%
4531 Cedar Glen, Castle Rock, CO 80109 · 4bd/3ba · $610,000
List Price
$610,000
Assumable Rate
3.67%
Remaining Balance
$291,230
Equity Gap
$314,303
Loan Type
VAAdjust Your Scenario
$30,500
$30,500$314,303
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.67% (VA)
Blended Rate: 6.05%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,663/moAssumable @ 3.67% + gap loan
$3,518/moAssumed loan: $1,336/mo
Gap financing: $2,182/mo
$145less per month with the assumable
Your Savings on This Property
4531 Cedar Glen, Castle Rock · 3.67% VA vs 6.5% conventional
$145
per month
$1,741
per year
$52,232
over 30 years
$47,765
interest saved
How gap financing works: The equity gap ($314,303) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($30,500, 5% of purchase price) and a second mortgage for the rest ($283,803 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.