110 Monk
VA Assumable
2.625% Rate
50 photos
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110 Monk

Colorado Springs, CO 80911

4
Bedrooms
4
Bathrooms
2,664
Sq Ft

Payment Calculator

$1,787per 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?$21,750
$21,750$56,351
Secondary Financing8.5% Rate
$34,601
Blended rate3.12% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,612/mo
Assumable @ 2.625% + gap
$1,787/mo
$825less per month
$825
per month
$9,901
per year
$297,045
over 30 years

🏦 Loan Details

List Price
$435,000
Assumable Rate
2.625%
Remaining Balance
$378,649
Loan Type
VA
Est. Equity Gap
$56,351
Annual Taxes
$2,061

About This Home

Welcome to this charming two-story home in the desirable Fountain Valley Ranch neighborhood. Well loved and cared for over the years by just one previous owner, this home offers a comfortable layout and plenty of potential to make it your own. Featuring 4 spacious bedrooms and 4 bathrooms, the home provides flexibility for a variety of living needs. The upper level includes three nicely sized bedrooms, including a large primary suite, while the finished basement adds additional living space along with a fourth bedroom—ideal for guests, a home office, or hobby space. A convenient half bath is located on the main level, connected to the laundry area. Major updates have already been taken care of, including a new roof (2022), furnace and central A/C (2022), PEX plumbing throughout (2022), and a brand-new water heater (2026). The kitchen includes all appliances replaced within the last two years. Situated on a larger fenced lot, the property features a side-yard storage shed—perfect for keeping lawn and garden equipment tucked away. No HOA. A rare opportunity for qualified buyers, this home offers a VA assumable loan at an attractive 2.625% interest rate with substitution of entitlement. Conveniently located with easy access to I-25, Colorado Springs Airport, shopping, dining, and multiple military installations, this home is also near the newly built Widefield Parks & Recreation Community Center. Full of warmth and opportunity, this is a home you’ll want to see in person—go take a look!

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
$435,000
2.625% rateVASave $948/mo

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