1228 Fagin
VA Assumable
3.1% Rate
50 photos
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1228 Fagin

Colorado Springs, CO 80915

4
Bedrooms
2
Bathrooms
1,676
Sq Ft

Payment Calculator

$1,591per 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?$19,000
$19,000$34,389
Secondary Financing8.5% Rate
$15,389
Blended rate3.33% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,282/mo
Assumable @ 3.1% + gap
$1,591/mo
$691less per month
$691
per month
$8,289
per year
$248,669
over 30 years

🏦 Loan Details

List Price
$380,000
Assumable Rate
3.1%
Remaining Balance
$344,879
Loan Type
VA
Est. Equity Gap
$34,389
Annual Taxes
$1,289

About This Home

Welcome home to this 4-bedroom, 2-bath tri-level in the quiet, well-established Austin Estates neighborhood! Featuring multiple living areas, this spacious floor plan offers plenty of room for everyone to spread out, work from home, entertain, or relax. Situated on a large lot, the huge fenced backyard and the covered patio provide endless possibilities for pets, play, gardening, outdoor gatherings, or future landscaping projects.\r Location is everything! Just three houses from the neighborhood park and elementary school, this home is centrally located with convenient access to shopping, dining, entertainment, hospitals, and all that Colorado Springs has to offer. Enjoy an easy commute to Fort Carson, Peterson Space Force Base, and downtown Colorado Springs.\r Major improvements completed within the past four years include a new roof, new furnace, new water heater, updated sewer line, and a professionally installed radon mitigation system, offering added peace of mind. Built in 1968, this home is ready for your personal updates and finishing touches. Whether you’re a first-time homebuyer, investor, or someone looking to build equity, this is an incredible opportunity to own a home in an established neighborhood with a prime central location.

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
$380,000
3.1% rateVASave $657/mo

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