512 Cottonwood
FHA Assumable
3.84% Rate
50 photos
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512 Cottonwood

Colorado Springs, CO 80911

3
Bedrooms
2
Bathrooms
1,043
Sq Ft

Payment Calculator

$1,990per 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?$14,950
$14,950$193,784
Secondary Financing8.5% Rate
$178,834
Blended rate6.53% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,795/mo
Assumable @ 3.84% + gap
$1,990/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$299,000
Assumable Rate
3.84%
Remaining Balance
$131,271
Loan Type
FHA
Est. Equity Gap
$193,784
Annual Taxes
$1,827

About This Home

Welcome to this beautifully updated 3-bedroom, 2-bath home offering comfort, space, and convenience. Freshly painted on the exterior, this property boasts great curb appeal and a welcoming covered front porch, perfect for relaxing mornings or evenings.\r \r Inside, you’ll find brand-new carpet throughout, and a spacious layout designed for everyday living. The oversized primary bedroom provides a comfortable retreat, while central air keeps the home cool year-round.\r \r Step outside to enjoy both a large fenced front yard and an expansive fenced backyard, ideal for pets, entertaining, or simply enjoying the outdoors. As an added bonus, the home is within walking distance of a public saltwater pool and playground, offering fun and relaxation just steps from your door.\r \r Conveniently located just minutes from Fort Carson, this home combines peaceful living with easy access to nearby amenities and commuting routes.

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
$299,000
3.84% rateFHASave $1,152/mo

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