Loan Comparison: 3.62% vs 6.5%
11165 Pine Meadows, Colorado Springs, CO 80908 · 4bd/2ba · $749,900
List Price
$749,900
Assumable Rate
3.62%
Remaining Balance
$405,450
Equity Gap
$344,449
Loan Type
VAAdjust Your Scenario
$37,495
$37,495$344,449
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.62% (VA)
Blended Rate: 5.72%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,503/moAssumable @ 3.62% + gap loan
$4,208/moAssumed loan: $1,848/mo
Gap financing: $2,360/mo
$295less per month with the assumable
Your Savings on This Property
11165 Pine Meadows, Colorado Springs · 3.62% VA vs 6.5% conventional
$295
per month
$3,537
per year
$106,112
over 30 years
$106,111
interest saved
How gap financing works: The equity gap ($344,449) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($37,495, 5% of purchase price) and a second mortgage for the rest ($306,954 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 11165 Pine Meadows.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.