359 Kenady
FHA Assumable
2.7% Rate
50 photos
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359 Kenady

Colorado Springs, CO 80910

3
Bedrooms
2
Bathrooms
1,800
Sq Ft

Payment Calculator

$2,057per 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?$18,000
$18,000$171,374
Secondary Financing8.5% Rate
$153,374
Blended rate5.11% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,162/mo
Assumable @ 2.7% + gap
$2,057/mo
$105less per month
$105
per month
$1,256
per year
$37,673
over 30 years

🏦 Loan Details

List Price
$360,000
Assumable Rate
2.7%
Remaining Balance
$216,400
Loan Type
FHA
Est. Equity Gap
$171,374
Annual Taxes
$1,241

About This Home

Welcome home to this spacious ranch-style home with a fully finished basement, offering plenty of room to spread out both inside and out. The updated kitchen serves as the heart of the home, while the flexible floor plan provides space for a variety of lifestyles. In addition to the main family room, the home features a spacious flex room with walkout access to the oversized backyard, creating the perfect space for entertaining, a game room, home office, or additional living area. The fully finished basement includes a versatile bonus room with a window and closet that is currently being used as a non-conforming bedroom, providing flexible space for guests, a home office, fitness room, or playroom. The workshop/storage shed is equipped with 220-volt power, making it an ideal space for hobbies, projects, or additional storage. Opportunities like this don't come along often! Schedule your showing today and see for yourself everything this home has to offer.

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
$360,000
2.7% rateFHASave $1,284/mo

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