Loan Comparison: 3.31% vs 6.5%
9902 Emerald Vista, Peyton, CO 80831 · 5bd/3ba · $500,000
List Price
$500,000
Assumable Rate
3.31%
Remaining Balance
$302,038
Equity Gap
$197,286
Loan Type
VAAdjust Your Scenario
$25,000
$25,000$197,286
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.31% (VA)
Blended Rate: 5.20%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,002/moAssumable @ 3.31% + gap loan
$2,649/moAssumed loan: $1,324/mo
Gap financing: $1,325/mo
$353less per month with the assumable
Your Savings on This Property
9902 Emerald Vista, Peyton · 3.31% VA vs 6.5% conventional
$353
per month
$4,238
per year
$127,130
over 30 years
$126,454
interest saved
How gap financing works: The equity gap ($197,286) 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 ($172,286 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 9902 Emerald Vista.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.