VA Assumable

5.23% Rate

50 photos

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3895 Shining Star

Colorado Springs, CO 80925

Bedrooms

Bathrooms

1,761

Sq Ft

Payment Calculator

$2,561per 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?$23,500

$23,500$66,853

Secondary Financing8.5% Rate

$43,353

Blended rate5.55% vs 6.5%

Monthly Payment Comparison

Conventional @ 6.5%

$2,822/mo

Assumable @ 5.23% + gap

$2,561/mo

$261less per month

$261

per month

$3,133

per year

$94,004

over 30 years

See Full Loan Breakdown →

🏦 Loan Details

List Price: $470,000
Assumable Rate: 5.23%
Remaining Balance: $404,329
Loan Type: VA
Est. Equity Gap: $66,853
Annual Taxes: $2,488
HOA/mo: $33

About This Home

Main level living on a sizeable corner lot located in Cuchares Ranch. You’ll find the primary bedroom with an attached full bathroom and walk in closet, 2 generously sized bedrooms, a second bathroom, living room, kitchen, and laundry room - all on the main level. True main level living keeping the benefits of having a two story home. Upstairs you’ll find a large loft with a walk in closet. The upper level is a super flexible space that could fit many different needs. Very unique for the area, an expansive FOUR car garage. The third car garage is the tandem garage. Inviting backyard patio with grass to finish off this special property.

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

$470,000

5.23% rateVASave $470/mo

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