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

$2,509per 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$164,181
Secondary Financing8.5% Rate
$138,186
Blended rate4.35% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,122/mo
Assumable @ 2.74% + gap
$2,509/mo
$612less per month
$612
per month
$7,348
per year
$220,435
over 30 years

🏦 Loan Details

List Price
$519,900
Assumable Rate
2.74%
Remaining Balance
$354,899
Loan Type
FHA
Est. Equity Gap
$164,181
Annual Taxes
$2,715
HOA/mo
$100

About This Home

Beautiful 4-bedroom, 3-bath ranch-style home with mountain views in Gleneagle. The spacious kitchen features granite countertops, hardwood floors, a bright breakfast nook with bay window, pantry storage, and updated black stainless steel appliances.The primary suite offers a private bath and walk-in closet, and main-level laundry adds convenience. A light-filled sunroom or study opens to an oversized patio with a gas hookup, ideal for outdoor living.\r The finished basement includes a large family room with pellet stove insert, two additional bedrooms, a full bath, and excellent storage. Recent updates include luxury vinyl plank flooring, central air conditioning, and a humidifier.Vaulted ceilings, a finished and heated garage, stucco exterior, and tile roof add lasting value. The HOA provides yard care and driveway snow removal. Conveniently located near I-25, shopping, dining, and recreation, this Gleneagle home offers comfort and easy living. Don’t miss this opportunity ! \r \r Seller incentive is available—see Agent/Showing Remarks.

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

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