1342 Shenandoah Drive
FHA Assumable
3.25% Rate
15 photos
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1342 Shenandoah Drive

Colorado Springs, CO 80910

3
Bedrooms
1
Bathrooms
950
Sq Ft

Payment Calculator

$1,753
per month, total
$15,995
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?$15,995
$15,995$179,105
Second loan$163,110
%
Blended rate5.53% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,921/mo
Assumable @ 3.25% + gap
$1,753/mo
$168
per month
$2,012
per year
$60,355
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
$319,900
Assumable Rate
3.25%
Remaining Balance
$140,794
Loan Type
FHA
Est. Equity Gap
$179,105
Annual Taxes
$1,355

About This Home

Fantastic opportunity in popular Cherry Hills! Open floor plan with large living areas. Updated HVAC & AC.

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
$319,900
3.25% rateFHASave $168/mo

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