1027 Arch
FHA Assumable
3.61% Rate
50 photos
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1027 Arch

Colorado Springs, CO 80904

2
Bedrooms
1
Bathrooms
1,228
Sq Ft

Payment Calculator

$2,062per 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?$18,250
$18,250$173,149
Secondary Financing8.5% Rate
$154,899
Blended rate5.80% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,192/mo
Assumable @ 3.61% + gap
$2,062/mo
$129less per month
$129
per month
$1,551
per year
$46,544
over 30 years

🏦 Loan Details

List Price
$365,000
Assumable Rate
3.61%
Remaining Balance
$191,422
Loan Type
FHA
Est. Equity Gap
$173,149
Annual Taxes
$1,084

About This Home

One-level living meets mountain views in this Westside gem. Boasting a brand-new roof and gutters (2024), a new sewer cleanout, and an encapsulated crawlspace, this home offers rare peace of mind alongside stunning aesthetics. The interior shines with a sun-drenched sunken living area that flows into the kitchen featuring walnut live-edge butcher block countertops, a gas range, and a versatile flex-room perfect for a home office, bedroom or gym. Relax in a primary suite framed by a massive bay window with direct mountain views and en-suite sink area, while guests enjoy a modern farmhouse bath with a sliding barn door. The outdoor space is a true standout, featuring a mature peach tree, garden beds, and a large deck for entertaining. Best of all, the property includes parking in front and a professional concrete slab and alley access, making the addition of a future two-car garage simple and cost-effective. From the charming picket fence to the major system upgrades, 1027 Arch St is move-in ready and built to impress.

Data Source: REcolorado MLS

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
$365,000
3.61% rateFHASave $1,186/mo

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