Loan Comparison: 3% vs 6.5%
11073 Asbee, Peyton, CO 80831 · 5bd/3ba · $649,999
List Price
$649,999
Assumable Rate
3%
Remaining Balance
$560,440
Equity Gap
$86,355
Loan Type
VAAdjust Your Scenario
$32,500
$32,500$86,355
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3% (VA)
Blended Rate: 3.48%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,903/moAssumable @ 3% + gap loan
$2,777/moAssumed loan: $2,363/mo
Gap financing: $414/mo
$1,126less per month with the assumable
Your Savings on This Property
11073 Asbee, Peyton · 3% VA vs 6.5% conventional
$1,126
per month
$13,513
per year
$405,388
over 30 years
$402,184
interest saved
How gap financing works: The equity gap ($86,355) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($32,500, 5% of purchase price) and a second mortgage for the rest ($53,855 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 11073 Asbee.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.