Loan Comparison: 2.9% vs 6.5%
10902 Scenic Brush, Peyton, CO 80831 · 4bd/3ba · $517,000
List Price
$517,000
Assumable Rate
2.9%
Remaining Balance
$438,134
Equity Gap
$78,865
Loan Type
VAAdjust Your Scenario
$25,850
$25,850$78,865
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.9% (VA)
Blended Rate: 3.50%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,104/moAssumable @ 2.9% + gap loan
$2,231/moAssumed loan: $1,824/mo
Gap financing: $408/mo
$873less per month with the assumable
Your Savings on This Property
10902 Scenic Brush, Peyton · 2.9% VA vs 6.5% conventional
$873
per month
$10,477
per year
$314,322
over 30 years
$314,321
interest saved
How gap financing works: The equity gap ($78,865) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($25,850, 5% of purchase price) and a second mortgage for the rest ($53,015 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 10902 Scenic Brush.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.