Loan Comparison: 5.09% vs 6.5%
2530 Torino, Pueblo, CO 81001 · 3bd/2ba · $425,000
List Price
$425,000
Assumable Rate
5.09%
Remaining Balance
$400,249
Equity Gap
$24,135
Loan Type
VAAdjust Your Scenario
$21,250
$21,250$24,135
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 5.09% (VA)
Blended Rate: 5.11%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,552/moAssumable @ 5.09% + gap loan
$2,193/moAssumed loan: $2,171/mo
Gap financing: $22/mo
$359less per month with the assumable
Your Savings on This Property
2530 Torino, Pueblo · 5.09% VA vs 6.5% conventional
$359
per month
$4,309
per year
$129,276
over 30 years
$128,660
interest saved
How gap financing works: The equity gap ($24,135) 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 ($2,885 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 2530 Torino.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.