2018 Oak
FHA Assumable
3.45% Rate
50 photos
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2018 Oak

Colorado Springs, CO 80906

2
Bedrooms
1
Bathrooms
792
Sq Ft

Payment Calculator

$1,944per 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?$21,750
$21,750$51,744
Secondary Financing8.5% Rate
$29,994
Blended rate3.82% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,612/mo
Assumable @ 3.45% + gap
$1,944/mo
$668less per month
$668
per month
$8,012
per year
$240,372
over 30 years

🏦 Loan Details

List Price
$435,000
Assumable Rate
3.45%
Remaining Balance
$384,014
Loan Type
FHA
Est. Equity Gap
$51,744
Annual Taxes
$1,522

About This Home

Nestled in an established mountain neighborhood surrounded by mature trees and natural beauty, this charming historic cottage blends timeless character with warm, inviting living spaces. Vaulted ceilings with exposed beams and a dramatic floor-to-ceiling stone fireplace anchor the open layout, while natural light pours through oversized windows to create a calm, airy feel throughout. Granite countertops, stainless steel appliances, and a large butcher block island bring warmth and functionality to the kitchen and gathering spaces alike. Outside, multiple outdoor seating areas, mountain views, and peaceful low maintenance landscaping create the feeling of a private woodland retreat. Rich with Colorado charm and authentic personality, this one-of-a-kind property offers a rare opportunity to own a piece of local history with everyday comfort woven throughout.

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
$435,000
3.45% rateFHASave $750/mo

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