Loan Comparison: 3.31% vs 6.5%
14050 Davis, Peyton, CO 80831 · 3bd/2ba · $549,900
List Price
$549,900
Assumable Rate
3.31%
Remaining Balance
$398,993
Equity Gap
$151,798
Loan Type
VAAdjust Your Scenario
$27,495
$27,495$151,798
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.31% (VA)
Blended Rate: 4.54%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,302/moAssumable @ 3.31% + gap loan
$2,705/moAssumed loan: $1,750/mo
Gap financing: $956/mo
$597less per month with the assumable
Your Savings on This Property
14050 Davis, Peyton · 3.31% VA vs 6.5% conventional
$597
per month
$7,159
per year
$214,763
over 30 years
$215,654
interest saved
How gap financing works: The equity gap ($151,798) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($27,495, 5% of purchase price) and a second mortgage for the rest ($124,303 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 14050 Davis.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.