208 Iron
FHA Assumable
2.9% Rate
50 photos
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208 Iron

Manitou Springs, CO 80829

3
Bedrooms
2
Bathrooms
941
Sq Ft

Payment Calculator

$2,521per 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?$23,000
$23,000$222,054
Secondary Financing8.5% Rate
$199,054
Blended rate5.45% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,762/mo
Assumable @ 2.9% + gap
$2,521/mo
$241less per month
$241
per month
$2,894
per year
$86,825
over 30 years

🏦 Loan Details

List Price
$460,000
Assumable Rate
2.9%
Remaining Balance
$237,946
Loan Type
FHA
Est. Equity Gap
$222,054
Annual Taxes
$1,915

About This Home

This quaint and established home resides at the base of Pikes Peak. Front porch views span across the hills of Manitou Springs. Walking distance to the Manitou Springs Incline, fine dinning, shopping, and entertainment! This home has new water heater, baseboards, carpet, and fresh paint. You enter the property through a private driveway, where you can also access the oversized two car garage. Small town living, yet close to all of the big city amenities!

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
$460,000
2.9% rateFHASave $1,661/mo

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