1511 Server
VA Assumable
3.16% Rate
50 photos
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1511 Server

Colorado Springs, CO 80910

4
Bedrooms
3
Bathrooms
2,015
Sq Ft

Payment Calculator

$2,025per 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?$19,450
$19,450$148,013
Secondary Financing8.5% Rate
$128,563
Blended rate5.02% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,336/mo
Assumable @ 3.16% + gap
$2,025/mo
$310less per month
$310
per month
$3,724
per year
$111,726
over 30 years

🏦 Loan Details

List Price
$389,000
Assumable Rate
3.16%
Remaining Balance
$240,986
Loan Type
VA
Est. Equity Gap
$148,013
Annual Taxes
$1,511

About This Home

This property is a househackers dream! The upper level has the primary bedroom with an ensuite full bathroom and two other bedrooms that share a full bathroom. The basement has a kitchenette, a bedroom, a ¾ bathroom, a living room, and its own private entrance from the hallway when you enter the property. The main floor you will find an updated kitchen, washer/dryer hook ups, the living room, and a bonus room with a kitchenette, ¾ shower, and double doors to the front deck for it’s own private entry. The backyard is spacious and there is a large two car garage and a car port! The Seller just had the interior freshly painted, with new carpet in the bonus room and garden level basement living area.

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
$389,000
3.16% rateVASave $1,163/mo

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