VA Assumable

3% Rate

31 photos

Click to enlarge

1618 Marquita Avenue

Colorado Springs, CO 80905

Bedrooms

Bathrooms

2,150

Sq Ft

Payment Calculator

$2,323

per month, total

$22,000

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?$22,000

$22,000$224,065

Second loan$202,065

at an estimated rate of

Blended rate5.18% vs 6.5%

Monthly Payment Comparison

Conventional @ 6.5%

$2,642/mo

Assumable @ 3% + gap

$2,323/mo

$319less per month

$319

per month

$3,825

per year

$114,764

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: 3%
Remaining Balance: $215,934
Loan Type: VA
Est. Equity Gap: $224,065

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

3% rateVASave $319/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 624-3472