1230 Bayberry
FHA Assumable
5.52% Rate
50 photos
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1230 Bayberry

Colorado Springs, CO 80916

4
Bedrooms
2
Bathrooms
1,505
Sq Ft

Payment Calculator

$2,252per 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?$19,675
$19,675$42,035
Secondary Financing8.5% Rate
$22,360
Blended rate5.69% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,363/mo
Assumable @ 5.52% + gap
$2,252/mo
$111less per month
$111
per month
$1,331
per year
$39,928
over 30 years

🏦 Loan Details

List Price
$393,500
Assumable Rate
5.52%
Remaining Balance
$365,523
Loan Type
FHA
Est. Equity Gap
$42,035
Annual Taxes
$1,266

About This Home

Beautiful 4-bedroom, 2-bath home offering plenty of space and comfort! The finished basement features a cozy wood-burning fireplace and an additional living area perfect for relaxing, entertaining, or movie nights. Step outside to the back deck and enjoy stunning mountain views while sipping your morning coffee or unwinding in the evening. The spacious backyard also includes a convenient storage shed, ideal for yard tools and extra storage needs. This home combines functionality, charm, and scenic Colorado living all in one!

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
$393,500
5.52% rateFHASave $251/mo

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