1239 Martin
VA Assumable
2.89% Rate
50 photos
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1239 Martin

Colorado Springs, CO 80915

4
Bedrooms
3
Bathrooms
1,996
Sq Ft

Payment Calculator

$2,081per 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?$21,244
$21,244$119,113
Secondary Financing8.5% Rate
$97,869
Blended rate4.20% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,551/mo
Assumable @ 2.89% + gap
$2,081/mo
$470less per month
$470
per month
$5,638
per year
$169,133
over 30 years

🏦 Loan Details

List Price
$424,888
Assumable Rate
2.89%
Remaining Balance
$319,696
Loan Type
VA
Est. Equity Gap
$119,113
Annual Taxes
$1,457

About This Home

Raised Ranch single-family home with 4 bedrooms, 3 bathrooms, finished basement, vaulted ceilings, corner lot, landscaped front and rear yard, attached 2-car garage, central air and forced air heating, municipal water, sewer connection, and central vacuum. No community amenities. Flooring includes carpet and wood laminate in main living areas.

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
$424,888
2.89% rateVASave $1,109/mo

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