🏠The Assumable Guy
3412 Atlantic Drive
FHA Assumable
3.8% Rate
29 photos
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3412 Atlantic Drive

Colorado Springs, CO 80910

3
Bedrooms
3
Bathrooms
2,150
Sq Ft

Payment Calculator

$1,196
per month, total
$12,000
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?$12,000
$12,000$69,261
Second loan$57,261
%
Blended rate4.73% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,441/mo
Assumable @ 3.8% + gap
$1,196/mo
$245less per month
$245
per month
$2,942
per year
$88,262
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.

See Full Loan Breakdown →

🏦 Loan Details

List Price
$240,000
Assumable Rate
3.8%
Remaining Balance
$170,738
Loan Type
FHA
Est. Equity Gap
$69,261

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
$240,000
3.8% rateFHASave $245/mo

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📞 (719) 624-3472