Loan Comparison: 2.94% vs 6.5%
12833 Morning Breeze, Peyton, CO 80831 · 4bd/4ba · $610,000
List Price
$610,000
Assumable Rate
2.94%
Remaining Balance
$367,213
Equity Gap
$242,786
Loan Type
VAAdjust Your Scenario
$30,500
$30,500$242,786
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.94% (VA)
Blended Rate: 4.98%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,663/moAssumable @ 2.94% + gap loan
$3,169/moAssumed loan: $1,536/mo
Gap financing: $1,632/mo
$494less per month with the assumable
Your Savings on This Property
12833 Morning Breeze, Peyton · 2.94% VA vs 6.5% conventional
$494
per month
$5,931
per year
$177,916
over 30 years
$177,915
interest saved
How gap financing works: The equity gap ($242,786) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($30,500, 5% of purchase price) and a second mortgage for the rest ($212,286 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 12833 Morning Breeze.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.