Loan Comparison: 3.47% vs 6.5%
13777 Windrush, Colorado Springs, CO 80921 · 7bd/4ba · $899,900
List Price
$899,900
Assumable Rate
3.47%
Remaining Balance
$443,988
Equity Gap
$455,911
Loan Type
VAAdjust Your Scenario
$44,995
$44,995$455,911
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.47% (VA)
Blended Rate: 5.89%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,404/moAssumable @ 3.47% + gap loan
$5,146/moAssumed loan: $1,986/mo
Gap financing: $3,160/mo
$258less per month with the assumable
Your Savings on This Property
13777 Windrush, Colorado Springs · 3.47% VA vs 6.5% conventional
$258
per month
$3,093
per year
$92,778
over 30 years
$92,777
interest saved
How gap financing works: The equity gap ($455,911) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($44,995, 5% of purchase price) and a second mortgage for the rest ($410,916 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 13777 Windrush.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.