VA Assumable

3.1% Rate

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5462 Hammond Drive

Colorado Springs, CO 80915

Bedrooms

Bathrooms

1,990

Sq Ft

Payment Calculator

$1,642

per month, total

$15,322

cash you bring

No secondary financing needed

The equity gap on this property ($15,322) is less than 5% of the purchase price ($19,995). Your down payment covers the full gap with no second mortgage required.

Down payment$15,322

Effective rate3.1% vs 6.5%

Monthly Payment Comparison

Conventional @ 6.5%

$2,401/mo

Assumable @ 3.1%

$1,642/mo

$759less per month

$759

per month

$9,109

per year

$273,258

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: $399,900
Assumable Rate: 3.1%
Remaining Balance: $384,577
Loan Type: VA
Est. Equity Gap: $15,322

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

$399,900

3.1% rateVASave $759/mo

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📞 (719) 624-3472