6640 Alibi
VA Assumable
2.89% Rate
50 photos
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6640 Alibi

Colorado Springs, CO 80923

3
Bedrooms
3
Bathrooms
1,640
Sq Ft

Payment Calculator

$1,896per 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?$20,000
$20,000$81,061
Secondary Financing8.5% Rate
$61,061
Blended rate3.74% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,402/mo
Assumable @ 2.89% + gap
$1,896/mo
$506less per month
$506
per month
$6,069
per year
$182,078
over 30 years

🏦 Loan Details

List Price
$400,000
Assumable Rate
2.89%
Remaining Balance
$343,180
Loan Type
VA
Est. Equity Gap
$81,061
Annual Taxes
$1,022
HOA/mo
$55

About This Home

This great 2-story home is located around the corner from schools and has mountain views. Inside the large living room has 18 foot ceilings and a double sided fireplace it shares with the family room. In the family room the fireplace is surrounded by great built-ins. The eat-in kitchen walks out to the back deck and has a spacious pantry. The main level has beautiful bamboo floors and 9 foot ceilings. Upstairs the master bedroom has a walk-in closet and an attached bath. Two additional bedrooms with mountain views, a large loft area that overlooks the living room, and a full bath complete the second floor. The house needs TLC.

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
$400,000
2.89% rateVASave $890/mo

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