5889 Huerfano
FHA Assumable
3.62% Rate
50 photos
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5889 Huerfano

Colorado Springs, CO 80923

4
Bedrooms
3
Bathrooms
1,859
Sq Ft

Payment Calculator

$2,674per 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?$24,250
$24,250$205,887
Secondary Financing8.5% Rate
$181,637
Blended rate5.54% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,912/mo
Assumable @ 3.62% + gap
$2,674/mo
$238less per month
$238
per month
$2,854
per year
$85,619
over 30 years

🏦 Loan Details

List Price
$485,000
Assumable Rate
3.62%
Remaining Balance
$280,359
Loan Type
FHA
Est. Equity Gap
$205,887
Annual Taxes
$1,653
HOA/mo
$55

About This Home

Featuring new carpet and newer HVAC and water heater in 2023, this four-bedroom, three-bath residence is ideally situated near the Powers corridor, schools, and parks. The main level offers an open floor plan that leads to a generous backyard featuring an attractive stamped patio. The home boasts a spacious layout, including a sizable master suite and a well-designed kitchen with abundant cabinetry and countertop space, complemented by a breakfast nook. Additionally, a full basement provides opportunities for extra living space or recreational use and did we mention the huge 3 car garage?All this and more with many updates and upgrades situated in a great neighborhood.

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
$485,000
3.62% rateFHASave $1,444/mo

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