2040 Fairweather Way
VA Assumable
2.9% Rate
40 photos
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2040 Fairweather Way

Fountain, CO 80817

3
Bedrooms
2
Bathrooms
1,103
Sq Ft

Payment Calculator

$1,483
per month, total
$17,500
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?$17,500
$17,500$52,460
Second loan$34,960
%
Blended rate3.38% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,102/mo
Assumable @ 2.9% + gap
$1,483/mo
$619
per month
$7,425
per year
$222,743
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
$350,000
Assumable Rate
2.9%
Remaining Balance
$297,540
Loan Type
VA
Est. Equity Gap
$52,460
Annual Taxes
$1,533

About This Home

Looking for a home where you can build equity from day one? This 3-bedroom, 2-bathroom home in Fountain is priced to move and ready for a buyer with vision. Whether you're a first-time buyer willing to put in some sweat equity, an investor looking for your next flip or rental, or a family wanting to make a home truly your own, this is the one you've been waiting for. Brand-new carpet and luxury vinyl plank (LVP) flooring give you a fresh start underfoot. Three bedrooms give you room for family, guests, or a home office, and two full baths keep busy mornings running smoothly. Step outside to a fully fenced yard, perfect for pets, play, or summer barbecues, and enjoy the convenience of an attached 2-car garage with plenty of room for vehicles, storage, or a workshop. This home does need some TLC to reach its full potential, and it's priced accordingly. Even better, the seller is offering a $5,000 concession to help you get started, whether that's fresh paint or whatever matters most to you. Bring your ideas and turn this solid foundation into something special. Homes like this don't come along often in today's market, and the upside here is real. Enjoy easy I-25 access and a quick drive to Colorado Springs, Fort Carson, shopping, dining, and schools, all with Pikes Peak views around town. Bring your offers and don't wait on this one! Professional pictures on Friday.

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
$350,000
2.9% rateVASave $619/mo

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