Loan Comparison: 2.79% vs 6.5%
5910 Daltry, Colorado Springs, CO 80906 · 4bd/3ba · $750,000
List Price
$750,000
Assumable Rate
2.79%
Remaining Balance
$549,869
Equity Gap
$200,131
Loan Type
VAAdjust Your Scenario
$37,500
$37,500$200,131
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.79% (VA)
Blended Rate: 4.09%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,503/moAssumable @ 2.79% + gap loan
$3,507/moAssumed loan: $2,256/mo
Gap financing: $1,250/mo
$997less per month with the assumable
Your Savings on This Property
5910 Daltry, Colorado Springs · 2.79% VA vs 6.5% conventional
$997
per month
$11,958
per year
$358,752
over 30 years
$358,752
interest saved
How gap financing works: The equity gap ($200,131) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($37,500, 5% of purchase price) and a second mortgage for the rest ($162,631 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 5910 Daltry.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.