2044 Palm Drive
FHA Assumable
2.98% Rate
44 photos
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2044 Palm Drive

Colorado Springs, CO 80905

3
Bedrooms
2
Bathrooms
1,565
Sq Ft

Payment Calculator

$2,083
per month, total
$17,750
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?$17,750
$17,750$256,230
Second loan$238,480
%
Blended rate6.18% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,132/mo
Assumable @ 2.98% + gap
$2,083/mo
$49
per month
$586
per year
$17,573
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
$355,000
Assumable Rate
2.98%
Remaining Balance
$98,769
Loan Type
FHA
Est. Equity Gap
$256,230
Annual Taxes
$1,221
HOA/mo
$385

About This Home

Welcome to this beautiful end-unit town home located in the heart of Union Bluffs. The first thing you will see is the privacy provided by this unit, surrounded by trees and backing up to open community space. As you enter you are greeted with sprawling hard wood floors throughout the main level. The living room has vaulted ceilings and updated gas fireplace. Both the living room and dining room offer newer vinyl sliding glass doors with built in blinds and walk out to a 10X12 wood deck overlooking open the space. The kitchen is truly a work of art featuring high end LG stainless steel appliances, quartz countertops, tile backsplash, recessed lighting, accent under cabinet lighting, herring bone accent wall, and soft close two-tone cabinets. Upstairs you will find all three bedrooms. The primary suite is good sized and attached bath is updated in all the right places. Finaly once you enter the basement you will see a large family room that walks out to a concrete patio with just the right amount of privacy. Lots of updates throughout the home such as plush carpet, lighting, newer paint, etc. Set your showing today!

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
$355,000
2.98% rateFHASave $49/mo

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