2315 Lelaray
FHA Assumable
2.83% Rate
50 photos
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2315 Lelaray

Colorado Springs, CO 80909

3
Bedrooms
2
Bathrooms
1,840
Sq Ft

Payment Calculator

$1,355per 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?$15,000
$15,000$65,908
Secondary Financing8.5% Rate
$50,908
Blended rate3.84% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,801/mo
Assumable @ 2.83% + gap
$1,355/mo
$447less per month
$447
per month
$5,359
per year
$160,777
over 30 years

🏦 Loan Details

List Price
$300,000
Assumable Rate
2.83%
Remaining Balance
$233,545
Loan Type
FHA
Est. Equity Gap
$65,908
Annual Taxes
$1,408

About This Home

Opportunity for investor or future homeowner looking for sweat equity potential. One Car Attached Garage plus an oversized Two Car Detached Garage, Beautiful Back yard, Vegetable Garden, Gorgeous Mature Trees, Two-tier deck w/views of Pikes Peak, Loft/Office/Art Bonus Room over Garage in back. Updated Bathrooms, Stainless Steel Appliances, Vinyl Windows, Hardwood Floors, Tile in the bathrooms, huge laundry space. Wood F/P, clean and efficient Hot-Water Heat. Being Offered β€œAS IS” some repairs needed. Bring your tools and make it your own. Awesome potential.

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
$300,000
2.83% rateFHASave $701/mo

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