Loan Comparison: 5.78% vs 6.5%
9931 Antelope Ravine, Colorado Springs, CO 80908 · 4bd/4ba · $785,000
List Price
$785,000
Assumable Rate
5.78%
Remaining Balance
$666,559
Equity Gap
$154,842
Loan Type
VAAdjust Your Scenario
$39,250
$39,250$154,842
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 5.78% (VA)
Blended Rate: 6.18%
Monthly Payment Comparison
New Conventional @ 6.5%
$4,714/moAssumable @ 5.78% + gap loan
$4,791/moAssumed loan: $3,903/mo
Gap financing: $889/mo
Your Savings on This Property
9931 Antelope Ravine, Colorado Springs · 5.78% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$8,420
interest saved
How gap financing works: The equity gap ($154,842) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($39,250, 5% of purchase price) and a second mortgage for the rest ($115,592 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 9931 Antelope Ravine.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.