6973 Red Cardinal
VA Assumable
2.77% Rate
50 photos
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6973 Red Cardinal

Colorado Springs, CO 80908

3
Bedrooms
3
Bathrooms
1,491
Sq Ft

Payment Calculator

$2,010per 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?$21,950
$21,950$106,241
Secondary Financing8.5% Rate
$84,291
Blended rate3.93% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,636/mo
Assumable @ 2.77% + gap
$2,010/mo
$626less per month
$626
per month
$7,511
per year
$225,335
over 30 years

🏦 Loan Details

List Price
$439,000
Assumable Rate
2.77%
Remaining Balance
$332,758
Loan Type
VA
Est. Equity Gap
$106,241
Annual Taxes
$2,476
HOA/mo
$60

About This Home

One of the best values on the market for buyers wanting space now and the opportunity to build even more equity over time. What immediately sets this home apart is the unfinished basement — a rare find at this price point that gives you the freedom to create the extra living space you actually want, whether that’s a future family room, home gym, guest suite, theater room, or additional bedrooms. Instead of paying a premium for someone else’s finishes, you get the chance to personalize it your way while adding long-term value.\r \r Inside, the layout is functional, comfortable, and easy to live in with 3 bedrooms and 3 bathrooms. The primary suite features dual vanities, a soaking tub/shower combo, and a walk-in closet, while the secondary bedrooms are connected by a convenient Jack-and-Jill bath. Upstairs laundry keeps everyday life simple and efficient.\r \r The kitchen offers generous counter space, abundant storage, and a sink overlooking the backyard, opening seamlessly into the main living area highlighted by a stylish accent wall that adds warmth and character. Outside, enjoy a fully fenced yard, storage shed, expanded driveway with extra parking, and a welcoming water feature that adds curb appeal from the moment you arrive.\r \r And one of the biggest financial advantages? The solar panels will be fully paid off at closing — giving the next owner immediate energy savings and significantly lower utility costs from day one. In a market where monthly affordability matters more than ever, that’s a feature buyers truly notice.\r \r This is more than just a move-in ready home — it’s a smart investment with room to grow, personalize, and make your own for years to come.

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
$439,000
2.77% rateVASave $1,087/mo

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