Loan Comparison: 5.52% vs 6.5%
7761 Tabernash, Colorado Springs, CO 80923 · 3bd/3ba · $410,000
List Price
$410,000
Assumable Rate
5.52%
Remaining Balance
$340,903
Equity Gap
$68,142
Loan Type
VAAdjust Your Scenario
$20,500
$20,500$68,142
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 5.52% (VA)
Blended Rate: 5.89%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,462/moAssumable @ 5.52% + gap loan
$2,306/moAssumed loan: $1,940/mo
Gap financing: $366/mo
$156less per month with the assumable
Your Savings on This Property
7761 Tabernash, Colorado Springs · 5.52% VA vs 6.5% conventional
$156
per month
$1,868
per year
$56,048
over 30 years
$55,093
interest saved
How gap financing works: The equity gap ($68,142) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($20,500, 5% of purchase price) and a second mortgage for the rest ($47,642 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 7761 Tabernash.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.