Loan Comparison: 2.76% vs 6.5%
2919 Breezy, Castle Rock, CO 80109 · 4bd/4ba · $1,300,000
List Price
$1,300,000
Assumable Rate
2.76%
Remaining Balance
$842,211
Equity Gap
$455,885
Loan Type
VAAdjust Your Scenario
$65,000
$65,000$455,885
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.76% (VA)
Blended Rate: 4.58%
Monthly Payment Comparison
New Conventional @ 6.5%
$7,806/moAssumable @ 2.76% + gap loan
$6,448/moAssumed loan: $3,443/mo
Gap financing: $3,006/mo
$1,358less per month with the assumable
Your Savings on This Property
2919 Breezy, Castle Rock · 2.76% VA vs 6.5% conventional
$1,358
per month
$16,293
per year
$488,793
over 30 years
$486,889
interest saved
How gap financing works: The equity gap ($455,885) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($65,000, 5% of purchase price) and a second mortgage for the rest ($390,885 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 2919 Breezy.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.