Loan Comparison: 3.47% vs 6.5%
2712 Arlington, Colorado Springs, CO 80910 · 4bd/3ba · $374,999
List Price
$374,999
Assumable Rate
3.47%
Remaining Balance
$249,667
Equity Gap
$125,332
Loan Type
VAAdjust Your Scenario
$18,750
$18,750$125,332
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.47% (VA)
Blended Rate: 4.97%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,252/moAssumable @ 3.47% + gap loan
$1,936/moAssumed loan: $1,117/mo
Gap financing: $820/mo
$315less per month with the assumable
Your Savings on This Property
2712 Arlington, Colorado Springs · 3.47% VA vs 6.5% conventional
$315
per month
$3,783
per year
$113,498
over 30 years
$113,498
interest saved
How gap financing works: The equity gap ($125,332) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($18,750, 5% of purchase price) and a second mortgage for the rest ($106,582 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 2712 Arlington.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.