1522 Wynkoop Drive
FHA Assumable
5.7% Rate
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1522 Wynkoop Drive

Colorado Springs, CO 80909

3
Bedrooms
2
Bathrooms
1,920
Sq Ft

Payment Calculator

$2,046
per month, total
$7,438
cash you bring
No secondary financing needed

The equity gap on this property ($7,438) is less than 5% of the purchase price ($17,995). Your down payment covers the full gap with no second mortgage required.

Down payment$7,438
Effective rate5.7% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,161/mo
Assumable @ 5.7%
$2,046/mo
$115less per month
$115
per month
$1,385
per year
$41,537
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
$359,900
Assumable Rate
5.7%
Remaining Balance
$352,462
Loan Type
FHA
Est. Equity Gap
$7,438

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
$359,900
5.7% rateFHASave $115/mo

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