Loan Comparison: 3.61% vs 6.5%
2025 Cheyenne, Loveland, CO 80538 · 3bd/2ba · $425,000
List Price
$425,000
Assumable Rate
3.61%
Remaining Balance
$272,225
Equity Gap
$151,545
Loan Type
VAAdjust Your Scenario
$21,250
$21,250$151,545
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.61% (VA)
Blended Rate: 5.19%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,552/moAssumable @ 3.61% + gap loan
$2,241/moAssumed loan: $1,239/mo
Gap financing: $1,002/mo
$311less per month with the assumable
Your Savings on This Property
2025 Cheyenne, Loveland · 3.61% VA vs 6.5% conventional
$311
per month
$3,731
per year
$111,935
over 30 years
$110,705
interest saved
How gap financing works: The equity gap ($151,545) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($21,250, 5% of purchase price) and a second mortgage for the rest ($130,295 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 2025 Cheyenne.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.