6948 Prince
FHA Assumable
3.85% Rate
50 photos
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6948 Prince

Colorado Springs, CO 80918

5
Bedrooms
4
Bathrooms
2,841
Sq Ft

Payment Calculator

$2,724per 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?$24,750
$24,750$197,919
Secondary Financing8.5% Rate
$173,169
Blended rate5.56% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,972/mo
Assumable @ 3.85% + gap
$2,724/mo
$248less per month
$248
per month
$2,976
per year
$89,294
over 30 years

🏦 Loan Details

List Price
$495,000
Assumable Rate
3.85%
Remaining Balance
$297,081
Loan Type
FHA
Est. Equity Gap
$197,919
Annual Taxes
$2,103

About This Home

Expansive 5-bedroom, 4-bath residence set on a generous lot in a sought-after neighborhood with captivating mountain views and desirable District 20 schools. This home offers abundant living space, hardwood flooring throughout, and a versatile layout ready for your vision. The spacious lot provides exceptional outdoor potential, whether for entertaining, gardening, or future enhancements. With thoughtful updates, this property offers a rare opportunity to create a truly standout home. Homes like this do not last long—schedule your showing today.

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
$495,000
3.85% rateFHASave $1,455/mo

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