1204 Burnham Street
FHA Assumable
6.7% Rate
31 photos
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1204 Burnham Street

Colorado Springs, CO 80906

2
Bedrooms
2
Bathrooms
1,336
Sq Ft

Payment Calculator

$2,013
per month, total
$7,999
cash you bring
No secondary financing needed

The equity gap on this property ($7,999) is less than 5% of the purchase price ($16,000). Your down payment covers the full gap with no second mortgage required.

Effective rate6.7% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,921/mo
Assumable @ 6.7%
$2,013/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
$320,000
Assumable Rate
6.7%
Remaining Balance
$312,001
Loan Type
FHA
Est. Equity Gap
$7,999
Annual Taxes
$1,590

About This Home

Welcome to this 4 bedroom, 2 bathroom home featuring a 1 car garage and several great updates. The remodeled kitchen offers updated finishes, stainless steel appliances, and a functional space for cooking and entertaining. Both bathrooms have also been updated, adding to the home's appeal. Enjoy the added benefit of paid off solar panels, providing energy savings for the next owner. Step outside onto the new composite deck and enjoy the backyard, creating a great space to relax, entertain, or enjoy the outdoors. With four bedrooms and two bathrooms, this home offers plenty of space and versatility for a variety of lifestyles.

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
$320,000
6.7% rateFHA

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