2515 San Miguel
FHA Assumable
2.74% Rate
50 photos
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2515 San Miguel

Colorado Springs, CO 80909

4
Bedrooms
2
Bathrooms
1,630
Sq Ft

Payment Calculator

$1,813per 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$93,023
Secondary Financing8.5% Rate
$73,023
Blended rate3.85% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,402/mo
Assumable @ 2.74% + gap
$1,813/mo
$589less per month
$589
per month
$7,066
per year
$211,967
over 30 years

🏦 Loan Details

List Price
$400,000
Assumable Rate
2.74%
Remaining Balance
$306,976
Loan Type
FHA
Est. Equity Gap
$93,023
Annual Taxes
$1,254
HOA/mo
$125

About This Home

Step into this charming two-owner home where timeless character meets practical updates! Situated on a spacious corner lot in a centrally located neighborhood, this 4-bedroom, 2-bath home offers flexible living space, abundant storage, and an impressive detached 20' x 30' heated 3-car garage that provides exceptional space for vehicles, hobbies, or a workshop. Inside, you'll find two bedrooms and one bathroom on each level, giving you plenty of flexibility for family, guests, or a home office. Cozy up by the fireplace on either level, prepare meals in the spacious kitchen featuring a gas range, and appreciate the convenience of laundry hookups on both floors, including a basement laundry room with a utility sink. Built-in cabinetry and storage are found throughout the home, helping keep everything organized, while the whole-house fan provides an efficient way to keep fresh air circulating and the home comfortable. Recent improvements include vinyl windows (2021), vinyl siding replaced in 2023, and a beautifully renovated basement bathroom featuring a new shower and laminate flooring. These thoughtful updates complement the home's original character, while Ring cameras are included for added peace of mind. Outside, enjoy mature trees, established landscaping, two storage sheds, and plenty of room for gardening, hobbies, or simply relaxing\r outdoors. If you've been searching for a home with personality, functional space, and a garage that's hard to find in this location, this property is one you won't want to miss!

Data Source: REcolorado MLS

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
2.74% rateFHASave $981/mo

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