1135 Westmoreland Road
FHA Assumable
5.66% Rate
40 photos
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1135 Westmoreland Road

Colorado Springs, CO 80907

3
Bedrooms
3
Bathrooms
1,436
Sq Ft

Payment Calculator

$2,240
per month, total
$20,000
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?$20,000
$20,000$56,615
Second loan$36,615
%
Blended rate5.84% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,402/mo
Assumable @ 5.66% + gap
$2,240/mo
$162
per month
$1,938
per year
$58,152
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
$400,000
Assumable Rate
5.66%
Remaining Balance
$343,384
Loan Type
FHA
Est. Equity Gap
$56,615
Annual Taxes
$1,369
HOA/mo
$300

About This Home

Pikes Peak views, open space, and a fantastic Cragmor location highlight this spacious 3-bedroom, 3.5-bath townhome near UCCS. Enjoy mountain views from all three levels, including a main-level deck, private upper-level deck, and covered walkout patio. The bright main level features large windows, a gas fireplace, separate dining area, and kitchen with solid-surface countertops, breakfast bar, and stainless steel appliances. Upstairs, the primary suite offers a walk-in closet, 5-piece bath, and private deck with impressive Pikes Peak views, along with a second en suite bedroom and conveniently located laundry. The finished walkout basement includes a large family room, third bedroom, 3/4 bath, private exterior entrance, and covered patio—ideal for guests, a roommate setup, or additional living space. Backing to open space with direct access to a walking and biking trail, this home combines incredible views, flexible living space, and a convenient central location. Come for the location, stay for the views.

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
$400,000
5.66% rateFHASave $162/mo

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