6820 Backcountry
VA Assumable
5.23% Rate
50 photos
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6820 Backcountry

Colorado Springs, CO 80927

4
Bedrooms
4
Bathrooms
3,915
Sq Ft

Payment Calculator

$3,269per 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?$30,750
$30,750$53,462
Secondary Financing8.5% Rate
$22,712
Blended rate5.36% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,693/mo
Assumable @ 5.23% + gap
$3,269/mo
$424less per month
$424
per month
$5,092
per year
$152,763
over 30 years

🏦 Loan Details

List Price
$615,000
Assumable Rate
5.23%
Remaining Balance
$561,538
Loan Type
VA
Est. Equity Gap
$53,462
Annual Taxes
$4,833

About This Home

Gorgeous home in Banning Lewis that impresses the moment you step through the front door. Walking the front entryway beckons you towards the living room with picturesque windows flowing with natural light. The living room flows seamlessly into the eat-in kitchen with walk out access to the back patio and fenced yard. The yard itself wow's as an entertainers or kids paradise with trampoline and basketball hoop and hot tub. Back inside, the kitchen boasts a barstool height center island, brushed stainless steel matching appliances with gas range, pantry, and ample counter and cabinet space. Walking upstairs a media center is at the top of the landing creating the ideal space for a kids homework space or craft zone. A loft area is just down the hall and currently being utilized as an exercise area but has many possibilities including a child's play area, second family room, or any number of options. The upper level has three bedrooms including the primary suite. The spacious primary bedroom impresses with an ensuite bath that features a stand alone shower, double vanity, and walk-in closet. Bedrooms two and three share a full bath. Completing the upper level is the laundry room perfectly located for ease of use. The basement level continues with a wonderful family room, bedroom four, and another full bath. This home has it all and located in the Banning Lewis Ranch community with amenities galore, including neighborhood schools within walking distance, over 65 acres of parks/trails/open space for hiking/biking, tennis courts, pickleball courts, basketball court, rock climbing, zip-lines, access to pools, splash pad, water park, and dog park. The recreation center houses a fitness center and regularly hosts classes and events for all ages. In the summer months, catch a neighborhood concert, festival, food trucks, farmers market or enjoy other regular community events. This community has it all.

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
$615,000
5.23% rateVASave $421/mo

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