7475 Chancellor
VA Assumable
5.23% Rate
50 photos
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7475 Chancellor

Colorado Springs, CO 80920

5
Bedrooms
4
Bathrooms
3,774
Sq Ft

Payment Calculator

$3,722per 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?$32,495
$32,495$177,754
Secondary Financing8.5% Rate
$145,259
Blended rate6.00% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,902/mo
Assumable @ 5.23% + gap
$3,722/mo
$180less per month
$180
per month
$2,164
per year
$64,914
over 30 years

🏦 Loan Details

List Price
$649,900
Assumable Rate
5.23%
Remaining Balance
$472,840
Loan Type
VA
Est. Equity Gap
$177,754
Annual Taxes
$2,555
HOA/mo
$115

About This Home

Welcome to this impeccably maintained 5-bed, 4-bath home, offering a thoughtful layout and versatile living space. From the moment you walk in, you’re greeted by a formal living room and dining room—ideal for both everyday living and entertaining. The well-equipped kitchen flows seamlessly into a comfortable family room, creating a central gathering space, while a private office provides the flexibility for work or quiet retreat. Upstairs, you’ll find three spacious bedrooms including the primary suite, along with an additional bathroom and a loft that works well as a secondary living area, play space, or flex room. The finished basement expands the home even further with two additional bedrooms, a kitchenette, and a third family room—perfect for guests, multi-generational living, or added entertaining space. Located in award winning district 20 schools, and minutes from the major traffic corridors for easy commute anywhere in town.

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
$649,900
5.23% rateVASave $1,147/mo

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