80 Leta
FHA Assumable
3.1% Rate
50 photos
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80 Leta

Colorado Springs, CO 80911

3
Bedrooms
1
Bathrooms
1,200
Sq Ft

Payment Calculator

$1,234per 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?$14,950
$14,950$21,042
Secondary Financing8.5% Rate
$6,092
Blended rate3.22% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,795/mo
Assumable @ 3.1% + gap
$1,234/mo
$562less per month
$562
per month
$6,740
per year
$202,185
over 30 years

🏦 Loan Details

List Price
$299,000
Assumable Rate
3.1%
Remaining Balance
$277,957
Loan Type
FHA
Est. Equity Gap
$21,042
Annual Taxes
$1,271

About This Home

Short sale opportunity! Ranch style home in quiet Security neighborhood with 3 bedrooms and 1 full bath. Needs TLC & Has lots of potential! Hardwood under carpeting. Spacious, fenced, backyard with a storage shed. Recent re-roof in 2023. Close to shopping, schools, parks, and I-25, Peterson, Schriever and Ft. Carson military bases, and the Colorado Springs Airport.

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
$299,000
3.1% rateFHASave $496/mo

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