Loan Comparison: 3.27% vs 6.5%
10033 Pinedale, Colorado Springs, CO 80920 · 5bd/3ba · $765,000
List Price
$765,000
Assumable Rate
3.27%
Remaining Balance
$631,849
Equity Gap
$278,588
Loan Type
VAAdjust Your Scenario
$38,250
$38,250$278,588
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.27% (VA)
Blended Rate: 4.71%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,594/moAssumable @ 3.27% + gap loan
$4,605/moAssumed loan: $2,757/mo
Gap financing: $1,848/mo
Your Savings on This Property
10033 Pinedale, Colorado Springs · 3.27% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$141,396
interest saved
How gap financing works: The equity gap ($278,588) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($38,250, 5% of purchase price) and a second mortgage for the rest ($240,338 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 10033 Pinedale.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.