Loan Comparison: 2.68% vs 6.5%
5930 Stagecoach, Firestone, CO 80504 · 4bd/3ba · $570,000
List Price
$570,000
Assumable Rate
2.68%
Remaining Balance
$198,594
Equity Gap
$370,935
Loan Type
VAAdjust Your Scenario
$28,500
$28,500$370,935
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.68% (VA)
Blended Rate: 6.36%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,423/moAssumable @ 2.68% + gap loan
$3,436/moAssumed loan: $803/mo
Gap financing: $2,633/mo
Your Savings on This Property
5930 Stagecoach, Firestone · 2.68% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
How gap financing works: The equity gap ($370,935) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($28,500, 5% of purchase price) and a second mortgage for the rest ($342,435 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 5930 Stagecoach.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.