507 23rd Street
VA Assumable
3.02% Rate
49 photos
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507 23rd Street

Colorado Springs, CO 80904

3
Bedrooms
3
Bathrooms
1,900
Sq Ft

Payment Calculator

$1,901
per month, total
$22,250
cash you bring

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$22,250
$22,250$63,685
Second loan$41,435
%
Blended rate3.46% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,672/mo
Assumable @ 3.02% + gap
$1,901/mo
$771less per month
$771
per month
$9,247
per year
$277,413
over 30 years

Estimates only, not a loan offer, quote, or approval. Payments are principal and interest and exclude taxes, insurance, HOA dues and closing costs. The second-loan rate is an assumption you can edit, not a quoted rate. Assumption terms are subject to lender and servicer approval and verification.

🏦 Loan Details

List Price
$445,000
Assumable Rate
3.02%
Remaining Balance
$381,315
Loan Type
VA
Est. Equity Gap
$63,685

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$445,000
3.02% rateVASave $771/mo

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