VA Assumable
2.94% Rate
50 photos
Click to enlarge
7487 Farmcrest
Colorado Springs, CO 80925
4
Bedrooms
2
Bathrooms
1,996
Sq Ft
Payment Calculator
$1,906per month
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?$19,700
$19,700$116,659
Secondary Financing8.5% Rate
$96,959Blended rate4.38% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,366/moAssumable @ 2.94% + gap
$1,906/mo$460less per month
$460
per month
$5,520
per year
$165,592
over 30 years
🏦 Loan Details
- List Price
- $394,000
- Assumable Rate
- 2.94%
- Remaining Balance
- $277,340
- Loan Type
- VA
- Est. Equity Gap
- $116,659
- Annual Taxes
- $3,196
- HOA/mo
- $130
About This Home
LOCATED IN THE HEART OF WIDEFIELD SCHOOL DISTRICT, RANCH HOME WITH LARGE MASTER AND WALK IN CLOSET, FIREPLACE, EAT IN KITCHEN, LARGE YARD, LOCATED NEAR PARK AND TRAILS.
Data Source: Pikes Peak MLS (PPMLS)
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
$394,000
2.94% rateVASave $1,051/mo
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