Loan Comparison: 4.1% vs 6.5%
9395 Doe Creek, Peyton, CO 80831 · 5bd/5ba · $924,000
List Price
$924,000
Assumable Rate
4.1%
Remaining Balance
$468,136
Equity Gap
$454,760
Loan Type
VAAdjust Your Scenario
$46,200
$46,200$454,760
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.1% (VA)
Blended Rate: 6.15%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,548/moAssumable @ 4.1% + gap loan
$5,403/moAssumed loan: $2,262/mo
Gap financing: $3,141/mo
$145less per month with the assumable
Your Savings on This Property
9395 Doe Creek, Peyton · 4.1% VA vs 6.5% conventional
$145
per month
$1,738
per year
$52,126
over 30 years
$51,022
interest saved
How gap financing works: The equity gap ($454,760) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($46,200, 5% of purchase price) and a second mortgage for the rest ($408,560 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 9395 Doe Creek.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.