5915 Mumford
VA Assumable
3.06% Rate
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5915 Mumford

Colorado Springs, CO 80925

3
Bedrooms
3
Bathrooms
2,099
Sq Ft

Payment Calculator

$1,840per 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?$21,000
$21,000$63,134
Secondary Financing8.5% Rate
$42,134
Blended rate3.63% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,522/mo
Assumable @ 3.06% + gap
$1,840/mo
$682less per month
$682
per month
$8,182
per year
$245,464
over 30 years

🏦 Loan Details

List Price
$420,000
Assumable Rate
3.06%
Remaining Balance
$356,866
Loan Type
VA
Est. Equity Gap
$63,134
Annual Taxes
$4,609

About This Home

This Lorson Ranch home backs to open space with a fenced, landscaped backyard that actually feels private. Built in 2021, you get the newer home without the new build price! The main level is open and bright with two-story ceilings and great natural light. The kitchen has granite countertops, a large island with storage, walk-in pantry, and plenty of cabinet space. Dining walks out to the backyard, making everyday living and hosting easy. You’ve also got a half bath and a laundry/mudroom right off the garage. Upstairs, there’s a loft that works as a second living space, office, or playroom. The primary suite includes a walk-in closet with built-ins and a bathroom with double vanity and a large shower. Two additional bedrooms, a full bath, and extra storage round it out. Extras: central AC, whole-home water filtration, nearby trails, and quick access to Schriever Space Force Base, Peterson Space Force Base, and Fort Carson.

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
$420,000
3.06% rateVASave $830/mo

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