5045 Splendid
VA Assumable
2.96% Rate
50 photos
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5045 Splendid

Colorado Springs, CO 80917

5
Bedrooms
3
Bathrooms
2,140
Sq Ft

Payment Calculator

$1,685per 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?$21,000
$21,000$30,325
Secondary Financing8.5% Rate
$9,325
Blended rate3.09% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,522/mo
Assumable @ 2.96% + gap
$1,685/mo
$837less per month
$837
per month
$10,045
per year
$301,353
over 30 years

🏦 Loan Details

List Price
$420,000
Assumable Rate
2.96%
Remaining Balance
$384,589
Loan Type
VA
Est. Equity Gap
$30,325
Annual Taxes
$1,386

About This Home

Welcome to 5045 N Splendid Circle, Your Homestead Retreat in Colorado Springs! Tucked away on a peaceful cul-de-sac, this spacious 4-level home offers comfort, character, and incredible potential. Featuring 5 bedrooms, including a primary suite with a private bath and a separate guest suite, this property is designed to accommodate every stage of life. Inside, you’ll find brand new carpet, stainless steel appliances, central A/C, and generous living spaces that flow naturally across multiple levels. Whether you’re hosting family dinners or enjoying a quiet night in, this home provides the flexibility and warmth that make everyday living easy. Sitting on an expansive 11,200 sq. ft. lot, this property offers plenty of room to enjoy the outdoors. Mature trees shade the fully fenced backyard, complete with a classic brick patio and a storage shed, perfect for outdoor entertaining, gardening, or relaxing in your own private retreat. Looking for schools? No problem, just around the corner - Doherty High School is within walking distance, and Ruby Elementary is less than a mile away. Morning routines and after-school activities are a breeze. Conveniently located just minutes from Powers Blvd, you’ll have quick access to dining, shopping, and entertainment while still enjoying a quiet neighborhood feel. This is a Short Sale, and offering an Assumable VA Loan is a fantastic opportunity for buyers ready to add their own touches and build instant equity and potentially take advantage of a low-interest VA loan. Discover the comfort, space, and potential that make this Homestead Hideaway truly special, a place to call home in the heart of Colorado Springs. Don’t wait, homes like this don’t stay hidden for long! Schedule your private showing today!

Data Source: REcolorado MLS

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
$420,000
2.96% rateVASave $718/mo

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