Loan Comparison: 2.94% vs 6.5%
6541 Alpine, Parker, CO 80134 · 3bd/3ba · $875,000
List Price
$875,000
Assumable Rate
2.94%
Remaining Balance
$751,699
Equity Gap
$123,300
Loan Type
VAAdjust Your Scenario
$43,750
$43,750$123,300
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.94% (VA)
Blended Rate: 3.47%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,254/moAssumable @ 2.94% + gap loan
$3,757/moAssumed loan: $3,145/mo
Gap financing: $612/mo
$1,497less per month with the assumable
Your Savings on This Property
6541 Alpine, Parker · 2.94% VA vs 6.5% conventional
$1,497
per month
$17,970
per year
$539,091
over 30 years
$539,090
interest saved
How gap financing works: The equity gap ($123,300) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($43,750, 5% of purchase price) and a second mortgage for the rest ($79,550 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 6541 Alpine.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.