2807 Hearthwood
FHA Assumable
2.83% Rate
50 photos
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2807 Hearthwood

Colorado Springs, CO 80917

2
Bedrooms
2
Bathrooms
1,003
Sq Ft

Payment Calculator

$1,129per 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?$11,250
$11,250$74,113
Secondary Financing8.5% Rate
$62,863
Blended rate4.45% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,351/mo
Assumable @ 2.83% + gap
$1,129/mo
$222less per month
$222
per month
$2,663
per year
$79,887
over 30 years

🏦 Loan Details

List Price
$225,000
Assumable Rate
2.83%
Remaining Balance
$156,555
Loan Type
FHA
Est. Equity Gap
$74,113
Annual Taxes
$838
HOA/mo
$300

About This Home

Looking for an affordable townhome with potential in a convenient Colorado Springs location? This inviting 2-bedroom, 2-bath townhome offers comfort, functionality, and an unbeatable location right across Academy from Palmer Park! Even better? The home features an assumable loan—creating a fantastic opportunity for qualified buyers. Step inside to a home filled with natural light, comfortable living spaces, and an easy everyday flow. The main level offers a cozy atmosphere for relaxing or entertaining, while the kitchen and dining area create a practical layout ready for your personal style and touches. Upstairs, both bedrooms feature walk-in closets, giving you excellent storage and flexibility. The spacious primary bedroom connects directly to the bathroom, creating a private retreat feel rarely found at this price point. Need extra storage? The enclosed carport includes a private storage closet, perfect for bikes, outdoor gear, seasonal items, or tools. But one of the biggest highlights may be the location! Just a short walk away is Palmer Park, offering hiking trails, mountain biking, playgrounds, picnic areas, a dog park, and expansive open space. Once inside the park, it feels like you’ve escaped the city and headed into the mountains—right in the heart of Colorado Springs. Whether you're a first-time buyer or someone looking for an affordable home you can personalize over time, this townhome offers value, lifestyle, and opportunity. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this home makes everyday living simple and accessible. Come see the possibilities at —schedule your private showing 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
$225,000
2.83% rateFHASave $642/mo

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