Loan Comparison: 3.69% vs 6.5%
4450 Stonehaven, Colorado Springs, CO 80906 · 5bd/4ba · $635,000
List Price
$635,000
Assumable Rate
3.69%
Remaining Balance
$560,085
Equity Gap
$75,998
Loan Type
VAAdjust Your Scenario
$31,750
$31,750$75,998
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.69% (VA)
Blended Rate: 4.04%
Monthly Payment Comparison
New Conventional @ 6.5%
$3,813/moAssumable @ 3.69% + gap loan
$2,915/moAssumed loan: $2,575/mo
Gap financing: $340/mo
$898less per month with the assumable
Your Savings on This Property
4450 Stonehaven, Colorado Springs · 3.69% VA vs 6.5% conventional
$898
per month
$10,775
per year
$323,248
over 30 years
$324,331
interest saved
How gap financing works: The equity gap ($75,998) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($31,750, 5% of purchase price) and a second mortgage for the rest ($44,248 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 4450 Stonehaven.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.