1341 Union
FHA Assumable
4.01% Rate
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1341 Union

Colorado Springs, CO 80909

3
Bedrooms
2
Bathrooms
1,208
Sq Ft

Payment Calculator

$2,418per 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?$20,000
$20,000$199,467
Secondary Financing8.5% Rate
$179,467
Blended rate6.04% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,402/mo
Assumable @ 4.01% + gap
$2,418/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$400,000
Assumable Rate
4.01%
Remaining Balance
$217,274
Loan Type
FHA
Est. Equity Gap
$199,467
Annual Taxes
$1,230

About This Home

Charming ranch-style home full of character and potential, situated on a spacious 0.20-acre lot with Pikes Peak and mountain views in central Colorado Springs. Offering 3 bedrooms, 2 bathrooms, and over 2,400 total square feet, this home provides a flexible layout with room to grow. The main level features a comfortable living room, separate dining area, and a functional kitchen, along with two bedrooms. A mix of wood, tile, and carpet flooring adds warmth and character throughout the home. The full basement expands your living space with a large family room featuring a wood-burning fireplace, an additional bedroom, bathroom, and a dedicated media or theater room—perfect for entertaining or relaxing. Set on a fully fenced lot, the property offers plenty of outdoor space for gardening, entertaining, or future possibilities. Additional features include a detached 2-car garage, alley access, and convenient location near parks, schools, shopping, and hospitals. With its central location, scenic views, and versatile layout, this home offers a great opportunity to make it your own in an established neighborhood.

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
$400,000
4.01% rateFHASave $1,238/mo

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