Loan Comparison: 3.34% vs 6.5%
7930 Enclave, Fountain, CO 80817 · 3bd/3ba · $465,000
List Price
$465,000
Assumable Rate
3.34%
Remaining Balance
$165,023
Equity Gap
$299,977
Loan Type
VAAdjust Your Scenario
$23,250
$23,250$299,977
8.50%
5%10%
Second mortgage rate on the equity gap
Conventional Rate: 6.5% (30yr fixed)
Assumable Rate: 3.34% (VA)
Blended Rate: 6.57%
Monthly Payment Comparison
New Conventional @ 6.5%
$2,792/moAssumable @ 3.34% + gap loan
$2,854/moAssumed loan: $726/mo
Gap financing: $2,128/mo
Your Savings on This Property
7930 Enclave, Fountain · 3.34% VA vs 6.5% conventional
$0
per month
$0
per year
$0
over 30 years
$0
interest saved
How gap financing works: The equity gap ($299,977) is the difference between the home price and the remaining loan balance. You cover this with a down payment ($23,250, 5% of purchase price) and a second mortgage for the rest ($276,727 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 7930 Enclave.
View Listing Details📈
Interested in This Home?
Get full loan details and schedule a showing. Free, no obligation.