Loan Comparison: 2.96% vs 6.5%
8764 Vaunt, Colorado Springs, CO 80924 · 3bd/3ba · $469,900
List Price
$469,900
Assumable Rate
2.96%
Remaining Balance
$295,947
Equity Gap
$173,953
Loan Type
VAAdjust Your Scenario
$23,495
$23,495$173,953
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 2.96% (VA)
Blended Rate: 4.83%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,822/moAssumable @ 2.96% + gap loan
$2,398/moAssumed loan: $1,241/mo
Gap financing: $1,157/mo
$423less per month with the assumable
Your Savings on This Property
8764 Vaunt, Colorado Springs · 2.96% VA vs 6.5% conventional
$423
per month
$5,080
per year
$152,403
over 30 years
$152,403
interest saved
How gap financing works: The equity gap ($173,953) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($23,495, 5% of purchase price) and a second mortgage for the rest ($150,458 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 8764 Vaunt.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.