Loan Comparison: 2.6% vs 6.5%
5761 Piney River, Brighton, CO 80601 · 3bd/3ba · $539,900
List Price
$539,900
Assumable Rate
2.6%
Remaining Balance
$491,082
Equity Gap
$48,818
Loan Type
VAAdjust Your Scenario
$26,995
$26,995$48,818
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.6% (VA)
Blended Rate: 2.85%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,242/moAssumable @ 2.6% + gap loan
$2,134/moAssumed loan: $1,966/mo
Gap financing: $168/mo
$1,108less per month with the assumable
Your Savings on This Property
5761 Piney River, Brighton · 2.6% VA vs 6.5% conventional
$1,108
per month
$13,297
per year
$398,920
over 30 years
$398,920
interest saved
How gap financing works: The equity gap ($48,818) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($26,995, 5% of purchase price) and a second mortgage for the rest ($21,823 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 5761 Piney River.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.