6140 Papoose
FHA Assumable
3.91% Rate
50 photos
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6140 Papoose

Colorado Springs, CO 80923

4
Bedrooms
3
Bathrooms
2,074
Sq Ft

Payment Calculator

$3,037per 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?$24,250
$24,250$315,253
Secondary Financing8.5% Rate
$291,003
Blended rate6.81% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,912/mo
Assumable @ 3.91% + gap
$3,037/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$485,000
Assumable Rate
3.91%
Remaining Balance
$169,262
Loan Type
FHA
Est. Equity Gap
$315,253
Annual Taxes
$1,694

About This Home

Welcome home to this beautifully maintained 4 bedroom, 3 bathroom property offering 2,128 square feet of comfortable living space, tucked away in a quiet cul-de-sac. From the moment you arrive, you'll appreciate the well kept front and back yards and the pride of ownership throughout.\r \r The spacious backyard is designed for both relaxation and entertaining, featuring a patio, lush grass area, rocked section with space for a fire pit or hot tub and a storage shed.\r \r Inside, you'll find a warm and inviting layout with a cozy gas fireplace perfectly situated between the kitchen and living room, creating a welcoming gathering space. Upstairs features two bedrooms, including the primary suite, along with a conveniently located laundry closet. Downstairs offers a comfortable family room, two additional bedrooms, and a 3/4 bathroom, providing flexibility for guests, family or a home office.\r \r Additional highlights include a new furnace and excellent overall maintenance. Located in a desirable neighborhood close to shopping, dining, schools, parks and everyday conveniences, this home combines comfort, functionality and an outstanding location!

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
$485,000
3.91% rateFHASave $1,874/mo

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