Loan Comparison: 3.02% vs 6.5%
4884 Braun, Morrison, CO 80465 · 4bd/2ba · $595,000
List Price
$595,000
Assumable Rate
3.02%
Remaining Balance
$390,439
Equity Gap
$205,459
Loan Type
VAAdjust Your Scenario
$29,750
$29,750$205,459
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.02% (VA)
Blended Rate: 4.72%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,573/moAssumable @ 3.02% + gap loan
$3,001/moAssumed loan: $1,650/mo
Gap financing: $1,351/mo
$571less per month with the assumable
Your Savings on This Property
4884 Braun, Morrison · 3.02% VA vs 6.5% conventional
$571
per month
$6,857
per year
$205,702
over 30 years
$206,600
interest saved
How gap financing works: The equity gap ($205,459) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($29,750, 5% of purchase price) and a second mortgage for the rest ($175,709 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 4884 Braun.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.