1960 Bula Drive
VA Assumable
4% Rate
50 photos
Click to enlarge

1960 Bula Drive

Colorado Springs, CO 80915

4
Bedrooms
3
Bathrooms
1,701
Sq Ft

Payment Calculator

$1,920
per month, total
$20,500
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?$20,500
$20,500$47,897
Second loan$27,397
%
Blended rate4.25% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,462/mo
Assumable @ 4% + gap
$1,920/mo
$542
per month
$6,499
per year
$194,978
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
$410,000
Assumable Rate
4%
Remaining Balance
$362,103
Loan Type
VA
Est. Equity Gap
$47,897
Annual Taxes
$1,297

About This Home

Welcome to 1960 Bula Drive, where timeless charm meets everyday comfort in a beautifully established neighborhood with no HOA. This inviting home offers thoughtfully updated living space, surrounded by mature trees and an atmosphere of warmth and tranquility. Step inside to a bright, open floorplan designed for effortless living, featuring a cathedral ceiling, LVP flooring, fresh finishes and updates, modern lighting, and a cozy wood-burning fireplace that serves as a warm focal point for relaxing evenings or entertaining. The updated kitchen blends style and functionality, showcasing granite countertops, soft-close cabinetry, stainless steel appliances, and a spacious island with shiplap detailing. Both bathrooms have been beautifully updated, including a spacious double vanity and skylight in the primary bath. Upstairs, spacious bedrooms with generous closet space provide plenty of room for comfortable living and storage. Recent updates to the furnace, AC, and water heater provide added comfort and peace of mind. Outside, the expansive fenced backyard offers a peaceful retreat, shaded by enormous mature trees with plenty of room to relax, play, or enjoy the beauty of Colorado. The oversized 2-car garage provides exceptional space for vehicles, storage, hobbies, tools, and all your gear. Conveniently located just one block from Heathercrest Park and the paved Rock Island Trail, this home offers easy access to a scenic trail for biking and walking. Palmer Park, known for its hiking trails and sweeping views, is also nearby. Enjoy nearby restaurants, shopping centers, an IMAX cinema, multiple golf courses, and a grocery store just down the street. With convenient access to Powers Blvd, this home offers a wonderful balance of comfort, convenience, and modern living. From its renovated interior and spacious backyard to its convenient location, 1960 Bula Drive is ready to welcome you home. Schedule your private showing today!

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
$410,000
4% rateVASave $542/mo

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