16915 Cherry Crossing Dr
VA Assumable
4.99% Rate
50 photos
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16915 Cherry Crossing Dr

Colorado Springs, CO 80921

6
Bedrooms
4
Bathrooms
4,405
Sq Ft

Payment Calculator

$6,639per 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?$58,250
$58,250$361,172
Secondary Financing8.5% Rate
$302,922
Blended rate5.95% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$6,995/mo
Assumable @ 4.99% + gap
$6,639/mo
$356less per month
$356
per month
$4,272
per year
$128,158
over 30 years

🏦 Loan Details

List Price
$1,165,000
Assumable Rate
4.99%
Remaining Balance
$803,828
Loan Type
VA
Est. Equity Gap
$361,172
Annual Taxes
$3,691
HOA/mo
$274

About This Home

Some homes simply offer space. This one offers the freedom to live life together.\r \r Welcome home to this beautifully updated 6-bedroom, 4-bathroom property designed for connection, comfort, and flexibility. Whether you're raising a growing family, welcoming aging parents, hosting long-term guests, or creating a multi-generational living arrangement, this home adapts effortlessly to your lifestyle.\r \r Inside, spacious living areas filled with natural light create a warm and inviting atmosphere. Professionally refinished hardwood floors add timeless character, while thoughtful updates throughout allow you to move in and immediately begin making memories.\r \r The versatile floor plan is ideal for multi-generational living, featuring a second kitchen in the lower level for added independence and convenience. With six bedrooms and four bathrooms, there's room for everyone to spread out while still enjoying the comfort of being together.\r \r Two laundry areas—one on the main level and another downstairs—make daily life easier, while the newly added hall tree in the garage creates the perfect drop zone for coats, shoes, and everyday essentials.\r \r Major improvements provide peace of mind, including a brand-new roof and recently installed well pressure tank. Outside, expansive outdoor living spaces were designed for gathering, relaxing, and celebrating life's special moments, from summer barbecues to quiet Colorado sunset evenings.\r \r Fully updated and thoughtfully designed, this home is more than a place to live—it's a place where generations can thrive, traditions can begin, and lasting memories can be made.

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
$1,165,000
4.99% rateVASave $2,412/mo

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