1563 Costilla Street
VA Assumable
4% Rate
44 photos
Click to enlarge

1563 Costilla Street

Colorado Springs, CO 80907

2
Bedrooms
3
Bathrooms
1,349
Sq Ft

Payment Calculator

$2,414
per month, total
$26,450
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?$26,450
$26,450$33,096
Second loan$6,646
%
Blended rate4.05% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,176/mo
Assumable @ 4% + gap
$2,414/mo
$762
per month
$9,150
per year
$274,490
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
$529,000
Assumable Rate
4%
Remaining Balance
$495,903
Loan Type
VA
Est. Equity Gap
$33,096
Annual Taxes
$2,133

About This Home

A large 3197 square foot 2 story home with a finished basement. The lot backs up to open spaces. A covered front porch. The home has formal dining room that sit between the living room and the kitchen. There is spacious open plan living area to the family room with a fireplace. A walkout to the wooden deck. A gourmet kitchen with beautiful countertops, breakfast bar seating, lots of cabinets and large pantry. A large laundry closet that complete the main level. The upper floor features the primary suite which offers natural light, carpet floors and a attached bathroom, separate tub and shower and walk-in closet. There are two more bedrooms and a full bathroom. In the basement you will find a fully finished basement with a 3/4 bath, possible two more bedrooms(one currently used for storage). There is also a walkout to the patio. No HOA. Conveniently located close to Bear Creek Park and dog park, hiking and biking trails and easy access to Highway 24, Interstate 25, shopping and Downtown.

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
$529,000
4% rateVASave $762/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 618-3936