🏠The Assumable Guy
5155 Quill Drive
FHA Assumable
7.04% Rate
15 photos
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5155 Quill Drive

Colorado Springs, CO 80911

4
Bedrooms
2
Bathrooms
2,119
Sq Ft

Payment Calculator

$2,812
per month, total
$19,069
cash you bring
No secondary financing needed

The equity gap on this property ($19,069) is less than 5% of the purchase price ($22,000). Your down payment covers the full gap with no second mortgage required.

Down payment$19,069
Effective rate7.04% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,642/mo
Assumable @ 7.04%
$2,812/mo
$0
per month
$0
per year
$0
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
$440,000
Assumable Rate
7.04%
Remaining Balance
$420,930
Loan Type
FHA
Est. Equity Gap
$19,069

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
$440,000
7.04% rateFHA

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📞 (719) 624-3472