3976 Riviera
FHA Assumable
2.74% Rate
50 photos
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3976 Riviera

Colorado Springs, CO 80922

3
Bedrooms
2
Bathrooms
1,276
Sq Ft

Payment Calculator

$1,175per 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?$13,650
$13,650$36,148
Secondary Financing8.5% Rate
$22,498
Blended rate3.22% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,639/mo
Assumable @ 2.74% + gap
$1,175/mo
$464less per month
$464
per month
$5,572
per year
$167,150
over 30 years

🏦 Loan Details

List Price
$273,000
Assumable Rate
2.74%
Remaining Balance
$245,755
Loan Type
FHA
Est. Equity Gap
$36,148
Annual Taxes
$1,079
HOA/mo
$398

About This Home

Welcome Home! If you are looking for your first home, looking to downsize, or just wanting a well loved, low maintenance home, look no further! This Hillsboro at Springs Ranch home has plenty to offer without breaking the bank to get it! This home offers the flexibility of 3 bedrooms, 2 bathrooms, an open layout for easy living, and entertaining. Other highlights include a spacious kitchen, cozy fireplace, private balcony, covered parking, ample storage space, prime location next to the greenbelt, and more! Located in a gated community, you will have exclusive access to a workout center, gathering space, seasonal outdoor pool, and the peace of mind that your exterior areas and community spaces will be maintained without having to lift a finger!

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
$273,000
2.74% rateFHASave $550/mo

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