Loan Comparison: 2.68% vs 6.5%
11675 Black Maple, Colorado Springs, CO 80921 · 3bd/3ba · $448,000
List Price
$448,000
Assumable Rate
2.68%
Remaining Balance
$170,692
Equity Gap
$277,308
Loan Type
VAAdjust Your Scenario
$22,400
$22,400$277,308
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.68% (VA)
Blended Rate: 6.17%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,690/moAssumable @ 2.68% + gap loan
$2,651/moAssumed loan: $691/mo
Gap financing: $1,960/mo
$40less per month with the assumable
Your Savings on This Property
11675 Black Maple, Colorado Springs · 2.68% VA vs 6.5% conventional
$40
per month
$474
per year
$14,233
over 30 years
$14,233
interest saved
How gap financing works: The equity gap ($277,308) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($22,400, 5% of purchase price) and a second mortgage for the rest ($254,908 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 11675 Black Maple.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.