5216 Sternward Way
FHA Assumable
2.9% Rate
35 photos
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5216 Sternward Way

Colorado Springs, CO 80922

3
Bedrooms
3
Bathrooms
1,729
Sq Ft

Payment Calculator

$3,140
per month, total
$23,750
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?$23,750
$23,750$469,744
Second loan$445,994
%
Blended rate7.45% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,852/mo
Assumable @ 2.9% + gap
$3,140/mo

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
$475,000
Assumable Rate
2.9%
Remaining Balance
$5,256
Loan Type
FHA
Est. Equity Gap
$469,744
Annual Taxes
$1,982

About This Home

Even Mona Lisa smiles over 5216 Sternward Way. This 2-story, 3-bedroom + main level office home showcases an open, sunlit living space with a fireplace. Handpicked kitchen counters and an oversized island meet corner windows framing unobstructed mountain views. Fully owned solar helps keep electric bills slim to none; central A/C and a newer tankless water heater add comfort. Outside, find a Class 4 roof, fresh paint, refreshed front xeriscaping, covered porch, and a large Trex deck w/treated framing and rails. The unfinished walk-out basement offers a blank canvas with a way out. Just minutes from Peterson Space Force Base, First & Main, parks, trails, shops, dining, and movies.

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
$475,000
2.9% rateFHA

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