Loan Comparison: 4.75% vs 6.5%
19690 Top O The Moor, Monument, CO 80132 · 5bd/4ba · $929,900
List Price
$929,900
Assumable Rate
4.75%
Remaining Balance
$723,606
Equity Gap
$207,459
Loan Type
VAAdjust Your Scenario
$46,495
$46,495$207,459
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 4.75% (VA)
Blended Rate: 5.43%
Monthly Payment Comparison
New Conventional @ 6.5%
$5,584/moAssumable @ 4.75% + gap loan
$5,012/moAssumed loan: $3,775/mo
Gap financing: $1,238/mo
$571less per month with the assumable
Your Savings on This Property
19690 Top O The Moor, Monument · 4.75% VA vs 6.5% conventional
$571
per month
$6,857
per year
$205,695
over 30 years
$206,860
interest saved
How gap financing works: The equity gap ($207,459) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($46,495, 5% of purchase price) and a second mortgage for the rest ($160,964 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 19690 Top O The Moor.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.