7487 Farmcrest
VA Assumable
2.94% Rate
50 photos
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7487 Farmcrest

Colorado Springs, CO 80925

4
Bedrooms
2
Bathrooms
1,996
Sq Ft

Payment Calculator

$1,774per 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?$18,950
$18,950$99,131
Secondary Financing8.5% Rate
$80,181
Blended rate4.19% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,276/mo
Assumable @ 2.94% + gap
$1,774/mo
$502less per month
$502
per month
$6,019
per year
$180,568
over 30 years

🏦 Loan Details

List Price
$379,000
Assumable Rate
2.94%
Remaining Balance
$276,704
Loan Type
VA
Est. Equity Gap
$99,131
Annual Taxes
$3,196
HOA/mo
$130

About This Home

Ranch-style home featuring a charming covered front porch. Inside, you’ll find a formal living room with a cozy fireplace and a spacious country eat-in kitchen with a counter bar, full appliance package, and walkout to a large backyard. The main level includes a primary bedroom with its own full bath and walk-in closet, plus one additional bedroom.\r \r The finished basement expands your living space with a large family room, two additional bedrooms, and a 3/4 bath. Additional highlights include central air and an automatic sprinkler system.

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
$379,000
2.94% rateVASave $961/mo

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