Loan Comparison: 4.98% vs 6.5%
13796 Park Meadows, Peyton, CO 80831 · 5bd/4ba · $665,000
List Price
$665,000
Assumable Rate
4.98%
Remaining Balance
$514,097
Equity Gap
$151,693
Loan Type
VAAdjust Your Scenario
$33,250
$33,250$151,693
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.98% (VA)
Blended Rate: 5.64%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,993/moAssumable @ 4.98% + gap loan
$3,664/moAssumed loan: $2,754/mo
Gap financing: $911/mo
$329less per month with the assumable
Your Savings on This Property
13796 Park Meadows, Peyton · 4.98% VA vs 6.5% conventional
$329
per month
$3,946
per year
$118,390
over 30 years
$119,180
interest saved
How gap financing works: The equity gap ($151,693) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($33,250, 5% of purchase price) and a second mortgage for the rest ($118,443 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 13796 Park Meadows.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.