140 Wild Grass
FHA Assumable
5.41% Rate
50 photos
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140 Wild Grass

Colorado Springs, CO 80919

3
Bedrooms
3
Bathrooms
1,946
Sq Ft

Payment Calculator

$2,989per 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?$26,750
$26,750$92,245
Secondary Financing8.5% Rate
$65,495
Blended rate5.81% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,212/mo
Assumable @ 5.41% + gap
$2,989/mo
$223less per month
$223
per month
$2,682
per year
$80,455
over 30 years

🏦 Loan Details

List Price
$535,000
Assumable Rate
5.41%
Remaining Balance
$442,120
Loan Type
FHA
Est. Equity Gap
$92,245
Annual Taxes
$3,426

About This Home

Modern, move-in ready, and backing to green space with no direct neighbors behind, this beautifully maintained two-story home offers the perks of newer construction without the wait. The open-concept main level features 9-foot ceilings, luxury vinyl plank flooring, a spacious great room, and a kitchen with quartz countertops, stainless steel appliances, recessed lighting, and a very large center island perfect for hosting. Upstairs, you'll find three spacious bedrooms and two full bathrooms. The primary suite includes a double vanity, walk-in shower with bench, and generous layout. Outside you'll find a covered fully-fenced patio (rare for this community) and the perfect grilling and chilling space to relax or entertain. Enjoy a prime location near University Village Shopping Center, with Costco, Trader Joe's, dining, and everyday conveniences just minutes away, plus quick access to I-25. Qualified buyers may also take advantage of the home's assumable loan, offering the opportunity to secure a lower interest rate than what's currently available.

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
$535,000
5.41% rateFHASave $581/mo

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