4416 San Miguel Street
FHA Assumable
2.87% Rate
31 photos
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4416 San Miguel Street

Colorado Springs, CO 80910

3
Bedrooms
2
Bathrooms
2,222
Sq Ft

Payment Calculator

$1,709
per month, total
$19,950
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?$19,950
$19,950$68,311
Second loan$48,361
%
Blended rate3.46% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,396/mo
Assumable @ 2.87% + gap
$1,709/mo
$687
per month
$8,239
per year
$247,173
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
$399,000
Assumable Rate
2.87%
Remaining Balance
$330,688
Loan Type
FHA
Est. Equity Gap
$68,311
Annual Taxes
$1,359

About This Home

The seller has already completed the major improvements buyers value most, including a brand-new roof, all-new plumbing, an upgraded electrical panel, and a newer sewer line. Offering more than 2,000 square feet, this move-in-ready home combines long-term value with a flexible five-bedroom layout, including two non-conforming basement bedrooms. The bright main level features hardwood floors throughout the living room, dining area, and two secondary bedrooms. Privately positioned at the rear of the home, the spacious primary-suite addition includes a large walk-in closet and a bay window with built-in seating and hidden storage. The finished basement adds a cozy family room, two generously sized non-conforming bedrooms, and a beautifully remodeled bathroom. Outside, enjoy a 16-by-16 Trex deck, raised garden beds, a custom storage shed, RV parking, and no neighbors directly behind the property. A private rear gate opens to the waterway and miles of local trails, placing outdoor recreation just beyond the backyard. Conveniently located near schools, parks, the Powers corridor, First & Main Town Center, and everyday amenities, this home offers extensive upgrades, adaptable living space, and direct access to the Colorado lifestyle.

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
$399,000
2.87% rateFHASave $687/mo

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