1138 Florence Avenue
VA Assumable
3.75% Rate
36 photos
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1138 Florence Avenue

Colorado Springs, CO 80910

3
Bedrooms
2
Bathrooms
1,710
Sq Ft

Payment Calculator

$1,695
per month, total
$18,745
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?$18,745
$18,745$38,241
Second loan$19,496
%
Blended rate3.96% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,251/mo
Assumable @ 3.75% + gap
$1,695/mo
$556
per month
$6,668
per year
$200,053
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
$374,900
Assumable Rate
3.75%
Remaining Balance
$336,659
Loan Type
VA
Est. Equity Gap
$38,241
Annual Taxes
$1,145

About This Home

VA Assumable Loan. 3.75% interest Rate. $2134 per month payment. Substitution required. Welcome home to this beautiful ranch-style home offering easy main-level living on a large lot with mature trees and mountain views. Step inside to a bright, open-concept layout featuring beautiful hardwood floors and a welcoming living room centered around a fireplace with a classic mantle. The kitchen opens easily to the main living space and features granite countertops, stainless steel appliances, updated cabinetry, backsplash, and an eat-in dining area that keeps the layout functional and connected. Three bedrooms, a full bathroom, and laundry are all conveniently located on the main level, creating a practical and comfortable floor plan for everyday living. Outside, the large fenced yard offers mature trees, a covered patio, and plenty of room for grilling, entertaining, pets, gardening, or simply relaxing outdoors. The large detached two-car garage includes additional shop space, providing valuable room for storage, projects, hobbies, or a dedicated workspace. Conveniently located near shopping, dining, parks, hiking, biking trails, schools, and major roadways, with easy access to Fort Carson, Peterson Space Force Base, and Downtown Colorado Springs amenities.

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
$374,900
3.75% rateVASave $556/mo

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