14020 Nichlas
FHA Assumable
2.74% Rate
50 photos
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14020 Nichlas

Colorado Springs, CO 80921

4
Bedrooms
3
Bathrooms
2,952
Sq Ft

Payment Calculator

$2,516per 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?$25,995
$25,995$165,001
Secondary Financing8.5% Rate
$139,006
Blended rate4.36% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,122/mo
Assumable @ 2.74% + gap
$2,516/mo
$606less per month
$606
per month
$7,272
per year
$218,165
over 30 years

🏦 Loan Details

List Price
$519,900
Assumable Rate
2.74%
Remaining Balance
$354,899
Loan Type
FHA
Est. Equity Gap
$165,001
Annual Taxes
$2,716
HOA/mo
$100

About This Home

Beautiful 4-bedroom, 3-bath ranch-style home with stunning mountain views in the desirable south Gleneagle area. The spacious kitchen features granite countertops, hardwood floors, a bright breakfast nook with bay window, pantry storage, and updated black stainless appliances. The primary suite offers a private bath with generous cabinet space and a walk-in closet. Main-level laundry adds everyday convenience.\r \r A light-filled sunroom or study opens to an oversized patio, perfect for enjoying Colorado’s outdoor lifestyle, complete with a gas hookup for grilling. The finished basement expands the living space with a large family room featuring a pellet stove insert, two additional bedrooms, a full bath, and an impressive storage area.\r \r Recent updates include luxury vinyl plank flooring, central air conditioning, and a humidifier. Additional features include vaulted ceilings and a finished, insulated, heated garage. The low-maintenance exterior includes stucco and a tile roof, and the HOA handles yard care and driveway snow removal.\r \r Ideally located near I-25, the Air Force Academy, shopping, dining, and recreation, this home offers comfort, space, and easy living in a sought-after neighborhood. Don’t miss this opportunity, seller incentive is available—see Agent/Showing Remarks.

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
$519,900
2.74% rateFHASave $1,490/mo

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