Loan Comparison: 5.7% vs 6.5%
6848 Trailway, Parker, CO 80134 · 4bd/3ba · $1,100,000
List Price
$1,100,000
Assumable Rate
5.7%
Remaining Balance
$713,588
Equity Gap
$384,460
Loan Type
VAAdjust Your Scenario
$55,000
$55,000$384,460
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 5.7% (VA)
Blended Rate: 6.58%
Monthly Payment Comparison
New Conventional @ 6.5%
$6,605/moAssumable @ 5.7% + gap loan
$6,675/moAssumed loan: $4,142/mo
Gap financing: $2,533/mo
Your Savings on This Property
6848 Trailway, Parker · 5.7% 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 ($384,460) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($55,000, 5% of purchase price) and a second mortgage for the rest ($329,460 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 6848 Trailway.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.