Loan Comparison: 3.04% vs 6.5%
6 Wallflower, Pueblo, CO 81001 · 4bd/3ba · $339,900
List Price
$339,900
Assumable Rate
3.04%
Remaining Balance
$271,109
Equity Gap
$69,395
Loan Type
VAAdjust Your Scenario
$16,995
$16,995$69,395
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.04% (VA)
Blended Rate: 3.92%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,041/moAssumable @ 3.04% + gap loan
$1,552/moAssumed loan: $1,149/mo
Gap financing: $403/mo
$489less per month with the assumable
Your Savings on This Property
6 Wallflower, Pueblo · 3.04% VA vs 6.5% conventional
$489
per month
$5,870
per year
$176,114
over 30 years
$176,718
interest saved
How gap financing works: The equity gap ($69,395) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($16,995, 5% of purchase price) and a second mortgage for the rest ($52,400 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 6 Wallflower.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.