Loan Comparison: 3.1% vs 6.5%
9622 Yukon, Colorado Springs, CO 80925 · 3bd/3ba · $387,490
List Price
$387,490
Assumable Rate
3.1%
Remaining Balance
$338,484
Equity Gap
$49,006
Loan Type
VAAdjust Your Scenario
$19,375
$19,375$49,006
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.1% (VA)
Blended Rate: 3.53%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,327/moAssumable @ 3.1% + gap loan
$1,673/moAssumed loan: $1,445/mo
Gap financing: $228/mo
$654less per month with the assumable
Your Savings on This Property
9622 Yukon, Colorado Springs · 3.1% VA vs 6.5% conventional
$654
per month
$7,842
per year
$235,268
over 30 years
$235,267
interest saved
How gap financing works: The equity gap ($49,006) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($19,375, 5% of purchase price) and a second mortgage for the rest ($29,631 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 9622 Yukon.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.