Loan Comparison: 2.94% vs 6.5%
2154 Treetop, Castle Rock, CO 80109 · 6bd/6ba · $985,000
List Price
$985,000
Assumable Rate
2.94%
Remaining Balance
$588,741
Equity Gap
$397,572
Loan Type
VAAdjust Your Scenario
$49,250
$49,250$397,572
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.94% (VA)
Blended Rate: 5.01%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,915/moAssumable @ 2.94% + gap loan
$5,141/moAssumed loan: $2,463/mo
Gap financing: $2,678/mo
$773less per month with the assumable
Your Savings on This Property
2154 Treetop, Castle Rock · 2.94% VA vs 6.5% conventional
$773
per month
$9,278
per year
$278,329
over 30 years
$279,642
interest saved
How gap financing works: The equity gap ($397,572) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($49,250, 5% of purchase price) and a second mortgage for the rest ($348,322 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 2154 Treetop.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.