863 Red Thistle View
FHA Assumable
2.98% Rate
30 photos
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863 Red Thistle View

Colorado Springs, CO 80939

4
Bedrooms
3
Bathrooms
1,994
Sq Ft

Payment Calculator

$1,325
per month, total
$14,950
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?$14,950
$14,950$61,783
Second loan$46,833
%
Blended rate3.73% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,795/mo
Assumable @ 2.98% + gap
$1,325/mo
$470
per month
$5,644
per year
$169,332
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
$299,000
Assumable Rate
2.98%
Remaining Balance
$237,217
Loan Type
FHA
Est. Equity Gap
$61,783
Annual Taxes
$1,125
HOA/mo
$175

About This Home

Affordable, low-maintenance living in an incredibly convenient Colorado Springs location! Situated just off the Powers corridor, this two-story townhome puts shopping, dining, entertainment and everyday conveniences within easy reach, with quick access to the Colorado Springs Airport and area military installations. Inside, you’ll find an open main level designed for comfortable everyday living. The kitchen offers abundant cabinetry, generous counter space and a breakfast bar, while the adjoining living area opens to a private patio — perfect for morning coffee, grilling or enjoying Colorado’s sunny afternoons. Upstairs, the spacious primary suite features a walk-in closet and private bath with dual vanities, soaking tub and separate shower. A second bedroom and additional bath provide flexibility for guests, a roommate or home office. The bonus loft offers even more versatility for a workspace, reading nook, workout area or second living space, and having the laundry upstairs means no hauling baskets between floors. An attached one-car garage provides secure parking and additional storage, while low monthly HOA dues help keep the overall cost of ownership manageable. Wildflower Park is nearby, and the convenient Powers corridor location makes getting across town, to work or out for the weekend a breeze. If you’ve been looking for an affordable way to own in Colorado Springs without sacrificing space, convenience or functionality, this one deserves a look.

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
$299,000
2.98% rateFHASave $470/mo

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