1016 Moorings
VA Assumable
5.83% Rate
50 photos
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1016 Moorings

Colorado Springs, CO 80906

2
Bedrooms
2
Bathrooms
984
Sq Ft

Payment Calculator

$1,594per 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?$13,500
$13,500$15,891
Secondary Financing8.5% Rate
$2,391
Blended rate5.85% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,621/mo
Assumable @ 5.83% + gap
$1,594/mo
$28less per month
$28
per month
$331
per year
$9,937
over 30 years

🏦 Loan Details

List Price
$270,000
Assumable Rate
5.83%
Remaining Balance
$267,600
Loan Type
VA
Est. Equity Gap
$15,891
Annual Taxes
$1,092
HOA/mo
$329

About This Home

Welcome home to this beautifully well maintained, move-in-ready 2 bedroom, 2 bathroom home. Offering the perfect blend of comfort, convenience, and Colorado Springs living. Cozy up on the cool Colorado evenings next to a stunning masonry wood-burning fireplace, while enjoying central A/C for those warm summer days. This home features newly installed windows, LG stainless Steel refrigerator, and LG washer. All kitchen appliances and washer/dryer are included- making this home truly move-in-ready. There is a spacious 2 car garage and storage, which is accessed right of the front door between both units. Nestled within walking distance to Quail Lake, hiking trails and surrounded by mature trees and beautiful mountain views. This prime location offers easy access to I-25, Ft Carson, Norad, World Arena, the Broadmoor, Cheyenne Mountain, and downtown Colorado Springs, along with shopping, dinning and everyday essentials. Enjoy the fantastic community amenities, including a clubhouse and outdoor pool, creating a lifestyle designed for both relaxation and adventure. Wheater you're searching for a primary residence, and or a second home opportunity, this home delivers charm, convenience, and an unbeatable location all in one.

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
$270,000
5.83% rateVA

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