4119 Palmer Park
FHA Assumable
3.72% Rate
50 photos
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4119 Palmer Park

Colorado Springs, CO 80909

4
Bedrooms
2
Bathrooms
1,517
Sq Ft

Payment Calculator

$2,040per 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?$18,795
$18,795$131,778
Secondary Financing8.5% Rate
$112,983
Blended rate5.19% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,257/mo
Assumable @ 3.72% + gap
$2,040/mo
$217less per month
$217
per month
$2,603
per year
$78,097
over 30 years

🏦 Loan Details

List Price
$375,900
Assumable Rate
3.72%
Remaining Balance
$253,886
Loan Type
FHA
Est. Equity Gap
$131,778
Annual Taxes
$1,268

About This Home

This outstanding ranch style home features four bedrooms, two renovated bathrooms, and an attached garage all nestled in a wonderful east Colorado Springs neighborhood. Spacious and inviting living area with access to the rear patio and expansive back yard. The kitchen comes equipped with stainless steel appliances, white cabinets, hardwood flooring, and modern lighting fixtures. Each bathroom boasts contemporary tiles and updated fittings, adding to the home’s stylish appeal. Notable upgrades include vinyl windows, air conditioning, new exterior doors, closet doors, and refreshed lighting fixtures. The lower level provides a generous family room plus an extra bedroom, perfect for guests, a home office, craft space, or a gym. Additional parking is available alongside the house for your vehicles, recreational toys, or RV. Conveniently located near Academy Blvd and the Powers corridor, this home offers tranquil living within easy reach of schools, shops, restaurants, and much more.

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
$375,900
3.72% rateFHASave $966/mo

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