Loan Comparison: 4.75% vs 6.5%
13258 Dominus, Colorado Springs, CO 80921 · 5bd/5ba · $1,100,000
List Price
$1,100,000
Assumable Rate
4.75%
Remaining Balance
$895,371
Equity Gap
$204,628
Loan Type
VAAdjust Your Scenario
$55,000
$55,000$204,628
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.75% (VA)
Blended Rate: 5.29%
Monthly Payment Comparison
New Conventional @ 6.5%
$6,605/moAssumable @ 4.75% + gap loan
$5,821/moAssumed loan: $4,671/mo
Gap financing: $1,151/mo
$784less per month with the assumable
Your Savings on This Property
13258 Dominus, Colorado Springs · 4.75% VA vs 6.5% conventional
$784
per month
$9,407
per year
$282,212
over 30 years
$282,211
interest saved
How gap financing works: The equity gap ($204,628) 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 ($149,628 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 13258 Dominus.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.