4416 San Miguel
FHA Assumable
2.84% Rate
50 photos
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4416 San Miguel

Colorado Springs, CO 80915

5
Bedrooms
2
Bathrooms
2,998
Sq Ft

Payment Calculator

$1,785per 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?$20,300
$20,300$72,504
Secondary Financing8.5% Rate
$52,204
Blended rate3.60% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,438/mo
Assumable @ 2.84% + gap
$1,785/mo
$653less per month
$653
per month
$7,835
per year
$235,058
over 30 years

🏦 Loan Details

List Price
$406,000
Assumable Rate
2.84%
Remaining Balance
$334,979
Loan Type
FHA
Est. Equity Gap
$72,504
Annual Taxes
$1,358

About This Home

Enjoy absolute peace of mind and exceptional spatial flexibility in this beautifully updated Colorado Springs home. Tucked away in a quiet, established neighborhood, this property offers an unbeatable combination of major system upgrades, close proximity to local schools, and a location that backs directly up to the Colorado Springs trail system. Residents will love the seamless blend of quiet residential living with quick access to the Powers corridor, First & Main Town Center, parks, and everyday conveniences. The seller has taken care of the big-ticket items, completing high-value updates that include a brand-new roof, all-new plumbing, and a fully upgraded electrical panel, ensuring long-term value and structural confidence from day one. Spanning over 2,000 square feet, the main floor welcomes you into a bright, inviting living room that flows effortlessly into the dining area and kitchen. The dining space features a direct-access door out to the backyard, making indoor-outdoor entertaining a breeze. Tucked away for ultimate privacy off the main living area is the primary suite. Down a separate hallway, you'll find two additional spacious bedrooms and a well-appointed full bathroom, creating a highly functional main-floor layout. The basement level expands your options significantly, offering two additional non-conforming bedrooms and a second bathroom. Outside, the backyard serves as your personal gateway to outdoor adventure, opening directly to miles of local trails.

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
$406,000
2.84% rateFHASave $905/mo

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