4730 Michael Place
VA Assumable
3.61% Rate
50 photos
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4730 Michael Place

Colorado Springs, CO 80918

3
Bedrooms
2
Bathrooms
1,834
Sq Ft

Payment Calculator

$3,591
per month, total
$32,495
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?$32,495
$32,495$352,347
Second loan$319,852
%
Blended rate5.63% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,902/mo
Assumable @ 3.61% + gap
$3,591/mo
$311
per month
$3,738
per year
$112,136
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
$649,900
Assumable Rate
3.61%
Remaining Balance
$297,552
Loan Type
VA
Est. Equity Gap
$352,347
Annual Taxes
$1,657

About This Home

Don't miss this fabulous meticulously maintained rancher on a private 1/3 acre treed lot. The home offers an open floor plan, enormous rooms and large windows make this home show light and bright. Awesome kitchen with a huge island, quality appliances, gorgeous slab granite counter tops. Master bedroom has walk in closet and attached 4 piece bath. The family room has a full wall slate fireplace. The basement rec room has a georgous wet bar and is perfect for large screen TV, pool table etc. Enjoy summer evenings on your front deck surrounded by trees and tranquility. The back of the home offers a covered deck with great lighting to enjoy the whole yard. This home will not last come check out this unique property.

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
$649,900
3.61% rateVASave $311/mo

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