1215 Falcon
FHA Assumable
3.17% Rate
50 photos
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1215 Falcon

Colorado Springs, CO 80905

2
Bedrooms
1
Bathrooms
796
Sq Ft

Payment Calculator

$1,354per 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?$14,500
$14,500$49,725
Secondary Financing8.5% Rate
$35,225
Blended rate3.82% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,741/mo
Assumable @ 3.17% + gap
$1,354/mo
$387less per month
$387
per month
$4,642
per year
$139,269
over 30 years

🏦 Loan Details

List Price
$290,000
Assumable Rate
3.17%
Remaining Balance
$251,525
Loan Type
FHA
Est. Equity Gap
$49,725
Annual Taxes
$974

About This Home

Charming ranch home conveniently located near I-25, Ft. Carson, Cheyenne Blvd, shopping, entertainment, schools, parks, and restaurants. The property features a two-car detached garage with an added space perfect for an exercise room, gaming area, or any flex space you desire, complete with electricity and heat. A second storage shed offers extra space for your belongings. Inside, the open layout connects the living room to the kitchen and dining area, creating a spacious feel. Luxury vinyl flooring runs throughout the living and kitchen areas, and the kitchen opens to the side yard. The primary and second bedrooms share a full hall bath. Ideal for a short-term rental like Airbnb. Exterior siding could use some TLC. Home sold as-is.

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
$290,000
3.17% rateFHASave $578/mo

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