Assumable Mortgages in Colorado Springs, Colorado
Colorado Springs is one of Colorado's top military cities, home to Fort Carson, Peterson Space Force Base, Schriever Space Force Base, NORAD, and the Air Force Academy. This concentration of military families means a high density of VA and FHA loans - and therefore, more assumable mortgages than almost anywhere in Colorado.
With current market rates around 6.5%, assuming a 2-3% VA or FHA loan in Colorado Springs saves buyers $800-$1,200 per month. For military families PCSing into the area, this is one of the most valuable tools available.
389+
Assumable Listings
3.69%
Average Assumable Rate
$906/mo
Average Savings vs Market
Why Colorado Springs Has the Most Assumable Inventory in Colorado
- Five military installations create one of the highest VA loan concentrations in the state
- Fort Carson, Peterson SFB, and Schriever SFB drive consistent buyer demand
- FHA and VA assumable loans available for qualified buyers and veterans
- Median home prices around $450,000 with strong assumable inventory from 2020-2022 purchases
Featured Colorado Springs Listings
How Assumable Mortgages Work in Colorado Springs
What is an assumable mortgage?
An assumable mortgage lets a buyer take over the seller's existing loan at the original interest rate. You pay the seller for their equity and assume the remaining balance.
Why Colorado Springs buyers benefit
With current rates around 6.5%, assuming a loan at 2-3% saves hundreds of dollars per month. On a $400,000 home, that is $800-$1,200 in monthly savings.
FHA and VA loans
Colorado Springs has significant FHA and VA assumable inventory. Both loan types are assumable to qualified buyers. VA loans can also be assumed by non-veterans in many cases.
Get qualified
Lenders verify income, credit, and ability to assume the loan. The process is typically faster than a traditional mortgage application.
Typical Colorado Springs Savings Example
Home Price
$450,000
New Mortgage at 6.5%
$2,934/month
Assumable at 2.75%
$1,844/month
Your Monthly Savings
$1,090/month
That's $13,080 per year
Get Your Colorado Springs Home Report
Learn about available assumable listings and how much you could save.
Colorado Springs Real Estate Market
Colorado Springs has grown steadily over the past decade, fueled by military expansion and tech sector growth. The city offers a mix of established neighborhoods, new development in Falcon and Peyton, and luxury homes in Black Forest and Broadmoor.
The military presence makes Colorado Springs unique: VA loans are common, and many homeowners locked in sub-3% rates between 2020 and 2022. When these owners PCS out or need to sell, their assumable loans become a major selling advantage.
Learn more about The Assumable Guy's processColorado Springs Real Estate Insights
Assumable Mortgage Colorado Springs: Fort Carson and the Numbers That Make Sense
Colorado Springs has one of the best assumable mortgage inventories in the country. Fort Carson, Peterson SFB, Schriever, and the Air Force Academy funnel thousands of VA loans into the market every year. Here's what the numbers look like right now.
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Colorado Springs Real Estate Market Update - March 2026
Current Colorado Springs home prices, market conditions, and assumable mortgage availability in March 2026.
3/27/2026
Assumable Mortgages in Colorado: How to Find Them in 2026
Colorado has hundreds of assumable mortgage properties right now, with rates from 2% to 5%. Here's where they are, how to find them in Denver and Colorado Springs, and what to do next.
2/2/2026
Ready to Explore Colorado Springs Assumable Mortgages?
Let The Assumable Guy help you find a Colorado Springs home with an assumable VA or FHA mortgage. We specialize in military families and buyers looking to lock in below-market rates.
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