8349 Colorado Spruce
FHA Assumable
3.31% Rate
50 photos
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8349 Colorado Spruce

Colorado Springs, CO 80927

3
Bedrooms
3
Bathrooms
2,278
Sq Ft

Payment Calculator

$2,584per 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$160,853
Secondary Financing8.5% Rate
$137,353
Blended rate4.78% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,822/mo
Assumable @ 3.31% + gap
$2,584/mo
$239less per month
$239
per month
$2,863
per year
$85,893
over 30 years

🏦 Loan Details

List Price
$470,000
Assumable Rate
3.31%
Remaining Balance
$348,334
Loan Type
FHA
Est. Equity Gap
$160,853
Annual Taxes
$3,668
HOA/mo
$87

About This Home

Located in the desirable Banning Lewis Ranch community. This beautiful home is well-maintained and offers an open-concept main level design for everyday living and entertaining. The spacious kitchen flows seamlessly into the living and dining areas, creating a bright and functional layout. Upstairs features generously sized bedrooms and a loft space perfect for a second living area. The primary suite provides a comfortable retreat with a gorgeous bathroom and a large closet. Enjoy the community amenities, including a park across the street.

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
3.31% rateFHASave $1,272/mo

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