2562 Ellingwood
VA Assumable
3.08% Rate
50 photos
Click to enlarge

2562 Ellingwood

Colorado Springs, CO 80910

3
Bedrooms
3
Bathrooms
1,840
Sq Ft

Payment Calculator

$1,949per 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?$20,250
$20,250$109,215
Secondary Financing8.5% Rate
$88,965
Blended rate4.33% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,432/mo
Assumable @ 3.08% + gap
$1,949/mo
$482less per month
$482
per month
$5,790
per year
$173,688
over 30 years

🏦 Loan Details

List Price
$405,000
Assumable Rate
3.08%
Remaining Balance
$297,079
Loan Type
VA
Est. Equity Gap
$109,215
Annual Taxes
$1,551
HOA/mo
$55

About This Home

Turnkey three bedroom home in Spring Creek!! Main level features a spacious open floor-plan with bright natural lighting plush carpet, and natural wood flooring. Open kitchen with granite counter tops, stainless steel appliances, pantry, and a cozy breakfast nook. Kitchen spotlights a convenient walk-out to peaceful fenced side-yard with low-maintenance landscaping great for pets. Upper floor features a large primary suite with vaulted ceilings, a private bathroom with and a sizable walk-in closet. Two additional bedrooms with walk-in closets, another full bathroom and a convenient laundry room. Bonus loft area with a walk-out to a private patio with city and mountain views. Large unfinished basement with enough space for a secondary living area, rec room or man cave; come design your own basement! 2 car attached garage, central A/C and ceiling fans. Close proximity to shopping, schools, restaurants, parks, freeways, military bases and easy accessibility to Colorado State Parks offering miles of hiking, biking trails and camping. Schedule to see this beautiful home today!!

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
$405,000
3.08% rateVASave $1,023/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 624-3472