1146 Terrace
VA Assumable
2.98% Rate
50 photos
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1146 Terrace

Colorado Springs, CO 80904

4
Bedrooms
3
Bathrooms
3,062
Sq Ft

Payment Calculator

$3,620per 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?$34,950
$34,950$271,203
Secondary Financing8.5% Rate
$236,253
Blended rate4.94% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,197/mo
Assumable @ 2.98% + gap
$3,620/mo
$578less per month
$578
per month
$6,933
per year
$207,988
over 30 years

🏦 Loan Details

List Price
$699,000
Assumable Rate
2.98%
Remaining Balance
$428,730
Loan Type
VA
Est. Equity Gap
$271,203
Annual Taxes
$2,051

About This Home

Welcome to Westside living at its best. This updated ranch style home is nestled into one of Colorado Springs best neighborhoods with access to open space, Downtown, and Garden of the Gods within minutes. The main level features an open concept living/dining/kitchen/sitting area as well as an amazing master retreat with huge walk in closet/dressing room and ample remodeled ensuite bath. 2nd bed and bath also on main level. Basement has 2 more bedrooms with hall bath and a massive family room for TV, games, etc. 2 car garage as well as multiple storage rooms ensure the equipment and toys will all have a place. The neighborhood (High Point Gardens) features an unlisted trail into Sonderman Open Space as well as easy access to I25. With the recent updates and amazing livability, you should act quickly on this amazing Westside home!

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
$699,000
2.98% rateVASave $2,199/mo

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