6220 Northwind
FHA Assumable
3.1% Rate
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6220 Northwind

Colorado Springs, CO 80918

4
Bedrooms
3
Bathrooms
2,373
Sq Ft

Payment Calculator

$2,245per 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?$25,000
$25,000$86,260
Secondary Financing8.5% Rate
$61,260
Blended rate3.79% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,002/mo
Assumable @ 3.1% + gap
$2,245/mo
$757less per month
$757
per month
$9,086
per year
$272,566
over 30 years

🏦 Loan Details

List Price
$500,000
Assumable Rate
3.1%
Remaining Balance
$415,478
Loan Type
FHA
Est. Equity Gap
$86,260
Annual Taxes
$1,649

About This Home

Welcome home to this beautifully updated 4-bedroom, 3-bathroom, 2-car garage home offering 2,373 sqft of comfortable living space in a convenient Colorado Springs location. Extensively renovated with major improvements throughout, this move-in-ready home combines modern updates with warm, inviting character.\r The completely remodeled kitchen serves as the heart of the home, featuring new cabinetry, countertops, flooring, appliances, garbage disposal, updated plumbing, and a fresh, contemporary feel. Throughout the home, you'll find new interior and exterior paint, updated light fixtures and ceiling fans, refreshed bathrooms, new hardware, and countless improvements that make everyday living easy and enjoyable.\r The versatile four-level floor plan offers multiple living spaces, including a formal living room and a cozy family room anchored by a charming wood-burning fireplace. Vaulted ceilings and abundant natural light create an open atmosphere, while the whole-house fan helps keep the home comfortable year-round.\r Recent improvements include a new garage door system with springs, cables, tracks and trim, remodeled bathrooms, a newly installed deck, updated fencing, new utility sink, automatic utility pump, electronic front door deadbolt, updated plumbing, exterior window cleaning, carpet cleaning, and much more. The extensive work already completed allows the next owner to simply move in and enjoy.\r Outside, the backyard provides a wonderful setting for relaxing, entertaining, and summer barbecues. The new deck creates the perfect space to enjoy Colorado's beautiful weather.\r Ideally located near Cottonwood Creek Park, the Cottonwood Creek Family Center and Water Park, shopping, dining, District 11 schools, and everyday conveniences, this home offers thoughtful updates, functional living space, and an outstanding location. With no HOA, all that's left to do is move in and enjoy.

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
$500,000
3.1% rateFHASave $1,061/mo

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