2005 Palm
VA Assumable
3.1% Rate
50 photos
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2005 Palm

Colorado Springs, CO 80918

3
Bedrooms
2
Bathrooms
1,209
Sq Ft

Payment Calculator

$1,881per 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?$22,500
$22,500$38,628
Secondary Financing8.5% Rate
$16,128
Blended rate3.30% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,702/mo
Assumable @ 3.1% + gap
$1,881/mo
$821less per month
$821
per month
$9,858
per year
$295,725
over 30 years

🏦 Loan Details

List Price
$450,000
Assumable Rate
3.1%
Remaining Balance
$411,371
Loan Type
VA
Est. Equity Gap
$38,628
Annual Taxes
$1,375

About This Home

Welcome to in beautiful Colorado Springs!\r \r This charming 3-bedroom, 2-bathroom home with a 2-car garage offers comfort, functionality, and an unbeatable location. Whether you're looking for the perfect single-family home or a smart investment opportunity, this property checks all the boxes. Inside, you’ll find a spacious and inviting layout with plenty of natural light and room to make it your own. The functional floor plan provides comfortable living spaces, ideal for everyday living or accommodating roommates. Step outside to a large backyard — perfect for entertaining, pets, gardening, or simply enjoying Colorado’s beautiful weather. The included storage shed adds extra storage space.\r \r Located just minutes from University of Colorado - Colorado Springs (UCCS), this home offers incredible rental potential and convenience for students, faculty, or staff. Its prime location also provides easy access to shopping, dining, parks, and major roadways.\r Whether you're looking to settle in or invest, this is a fantastic opportunity in a desirable area!

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
$450,000
3.1% rateVASave $780/mo

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