1012 Iowa
VA Assumable
2.94% Rate
50 photos
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1012 Iowa

Colorado Springs, CO 80909

6
Bedrooms
4
Bathrooms
N/A
Sq Ft

Payment Calculator

$2,565per 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?$29,950
$29,950$82,619
Secondary Financing8.5% Rate
$52,669
Blended rate3.45% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,597/mo
Assumable @ 2.94% + gap
$2,565/mo
$1,031less per month
$1,031
per month
$12,377
per year
$371,302
over 30 years

🏦 Loan Details

List Price
$599,000
Assumable Rate
2.94%
Remaining Balance
$516,381
Loan Type
VA
Est. Equity Gap
$82,619
Annual Taxes
$1,479

About This Home

Wonderful income property featuring 3 units with separate entrances. The main house could easily be converter back into one unit. Over 2,000 square feet in the main home and approximately 400 square feet in the charming cottage.\r \r Ideally located within walking distance to Memorial Hospital and the Olympic Training Center, the property includes two fully fenced homes situated across three lots. With ample off-street parking and strong rental potential, this property offers excellent income opportunities.

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
$599,000
2.94% rateVASave $1,191/mo

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