503 Loomis Avenue
VA Assumable
6.78% Rate
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503 Loomis Avenue

Colorado Springs, CO 80906

3
Bedrooms
3
Bathrooms
1,937
Sq Ft

Payment Calculator

$2,492
per month, total
$16,804
cash you bring
No secondary financing needed

The equity gap on this property ($16,804) is less than 5% of the purchase price ($19,995). Your down payment covers the full gap with no second mortgage required.

Effective rate6.78% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,401/mo
Assumable @ 6.78%
$2,492/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
$399,900
Assumable Rate
6.78%
Remaining Balance
$383,096
Loan Type
VA
Est. Equity Gap
$16,804
Annual Taxes
$1,830

About This Home

Did someone say chickens?! Yes that’s right this neighborhood allows for chickens AND for whomever buys this adorable house in Stratmoor, the chickens and their coop come with it! Farm fresh eggs without ever having to leave your backyard. You are minutes away from Fort Carson, Peterson Space Force Base, The Broadmoor and Cheyenne Mountain Zoo. You can explore so much of Colorado Springs without having to go too far from home. The outstanding views of Cheyenne Mountain complete the entire backyard package. Plus — watching the sunset behind the Front Range is something you’ll enjoy 300+ days a year. This adorable home is warm, inviting, and welcoming with lots of modern updates including a brand new AC unit installed in 2025. Plenty of room with 4 spacious bedrooms and 3 full bathrooms. As soon as you walk in - the updated living room offers lots of space and flows seamlessly into the kitchen complete with stainless steel appliances, updated cabinets, countertops, and tile backsplash. The owners suite has a private bathroom with dual closets, and a free-standing tiled shower. Downstairs there are 2 more large, spacious bedrooms, a full bathroom, and enough room for a a second living room for movie nights, recreation room, workout space, or whatever your heart desires. And don’t forget about the workshop in the garage! Complete with cabinets - your tools are ready to be stored. The oversized backyard would be a great area to hosts guests, space to play, garden, or just relax.

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
$399,900
6.78% rateVA

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