1623 James
VA Assumable
2.87% Rate
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1623 James

Colorado Springs, CO 80915

4
Bedrooms
3
Bathrooms
1,890
Sq Ft

Payment Calculator

$1,564per month
No secondary financing needed

The equity gap on this property ($8,644) is less than 5% of the purchase price ($19,500). Your down payment covers the full gap with no second mortgage required.

Down payment$8,644
Effective rate2.87% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,342/mo
Assumable @ 2.87%
$1,564/mo
$778less per month
$778
per month
$9,334
per year
$280,027
over 30 years

🏦 Loan Details

List Price
$390,000
Assumable Rate
2.87%
Remaining Balance
$377,198
Loan Type
VA
Est. Equity Gap
$8,644
Annual Taxes
$1,416

About This Home

Welcome to a hidden gem in one of Colorado Springs’ most established and peaceful neighborhoods. This home is full of potential and ready for someone with a vision to make it shine again.\r Step inside and you’ll find spacious living areas, a functional layout, and great bones throughout . This Bi-level property is the perfect canvas for your personal touch. If you enjoy the outdoors, this spacious Backyard is ready for you. Large mature trees and ample space to not only entertain but get away as you take in the Colorful Colorado Skies.\r Conveniently located near parks, schools, and local amenities, this home offers a rare opportunity to build equity while settling into a community that truly feels like home.\r If you’ve been searching for a house with good energy, a solid foundation, and room to make it your own this is the one. All it needs is a bit of patience and a personal touch from you!

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
$390,000
2.87% rateVASave $602/mo

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