495 Harvard
FHA Assumable
3.16% Rate
50 photos
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495 Harvard

Colorado Springs, CO 80911

4
Bedrooms
3
Bathrooms
2,640
Sq Ft

Payment Calculator

$1,895per 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?$17,950
$17,950$144,145
Secondary Financing8.5% Rate
$126,195
Blended rate5.14% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,156/mo
Assumable @ 3.16% + gap
$1,895/mo
$261less per month
$261
per month
$3,130
per year
$93,908
over 30 years

🏦 Loan Details

List Price
$359,000
Assumable Rate
3.16%
Remaining Balance
$214,855
Loan Type
FHA
Est. Equity Gap
$144,145
Annual Taxes
$1,429

About This Home

This spacious home is an estate. The owner built it and lived there her entire life. With more than 3000 sq. ft. this home offers numerous opportunities for those looking to put in the work. The original house has a kitchen and living room, as does the addition. The original living/dining area walks into the addition where the second large family/living room is located with the second kitchen. The second kitchen which is situated at one end which could easily be converted into a wet bar area. The addition also includes the primary bedroom and bath on the upper level. Also on the upper level are four more bedrooms and a full bath. The lower level is comprised of yet another family room, possible fifth bedroom, a 3/4 bath and storage. The basement level is a large storage room with numerous cabinets. Laundry facilities are located on the upper level by the master bedroom and also in the basement. The home has a one car attached garage.

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
$359,000
3.16% rateFHASave $1,105/mo

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