239 Elmwood Drive
FHA Assumable
6.99% Rate
49 photos
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239 Elmwood Drive

Colorado Springs, CO 80907

3
Bedrooms
2
Bathrooms
N/A
Sq Ft

Payment Calculator

$2,724
per month, total
$21,500
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?$21,500
$21,500$48,173
Second loan$26,673
%
Blended rate7.02% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,582/mo
Assumable @ 6.99% + gap
$2,724/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.

🏦 Loan Details

List Price
$430,000
Assumable Rate
6.99%
Remaining Balance
$381,826
Loan Type
FHA
Est. Equity Gap
$48,173

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
$430,000
6.99% rateFHA

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