Loan Comparison: 5.22% vs 6.5%
9368 Baltusrol, Peyton, CO 80831 · 3bd/2ba · $500,000
List Price
$500,000
Assumable Rate
5.22%
Remaining Balance
$265,922
Equity Gap
$234,078
Loan Type
VAAdjust Your Scenario
$25,000
$25,000$234,078
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 5.22% (VA)
Blended Rate: 6.66%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,002/moAssumable @ 5.22% + gap loan
$3,071/moAssumed loan: $1,463/mo
Gap financing: $1,608/mo
Your Savings on This Property
9368 Baltusrol, Peyton · 5.22% 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 ($234,078) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($25,000, 5% of purchase price) and a second mortgage for the rest ($209,078 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 9368 Baltusrol.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.