FHA Assumable

3.72% Rate

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3435 Cortina

Colorado Springs, CO 80918

Bedrooms

Bathrooms

3,334

Sq Ft

Payment Calculator

$2,164per 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?$21,500

$21,500$112,399

Secondary Financing8.5% Rate

$90,899

Blended rate4.78% vs 6.5%

Monthly Payment Comparison

Conventional @ 6.5%

$2,582/mo

Assumable @ 3.72% + gap

$2,164/mo

$418less per month

$418

per month

$5,011

per year

$150,339

over 30 years

See Full Loan Breakdown →

🏦 Loan Details

List Price: $429,999
Assumable Rate: 3.72%
Remaining Balance: $317,599
Loan Type: FHA
Est. Equity Gap: $112,399
Annual Taxes: $2,203

About This Home

Opportunity to acquire a 5-bedroom, 3-bath ranch home on a large lot with over 3,300 sq ft and a substantial above-grade layout. This property is well-suited for investors or buyers seeking a value-add opportunity, with strong potential for equity growth through renovation. The size, layout, and location make it an ideal candidate for a fix-and-flip, rental investment, or owner-occupant looking to build sweat equity. A rare opportunity to capitalize on a property with both scale and upside. Sold as-is. Everyday Open House—call for dates and times.

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

$429,999

3.72% rateFHASave $909/mo

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