5327 Silver Spur
FHA Assumable
3.02% Rate
50 photos
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5327 Silver Spur

Colorado Springs, CO 80915

3
Bedrooms
2
Bathrooms
1,492
Sq Ft

Payment Calculator

$3,239per 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?$15,750
$15,750$312,231
Secondary Financing8.5% Rate
$296,481
Blended rate6.12% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,891/mo
Assumable @ 3.02% + gap
$3,239/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$315,000
Assumable Rate
3.02%
Remaining Balance
$227,039
Loan Type
FHA
Est. Equity Gap
$312,231
Annual Taxes
$1,036

About This Home

Diamond in the rough. Situated on a spacious 0.21-acre lot in an established neighborhood, this is a great opportunity to build some sweat equity. Brand new vinyl double-pane windows recently installed. Modify the room on the lower level and make this a 4-bedroom home. The sliding doors lead to a patio overlooking the large, private backyard, complete with a wood privacy fence and plenty of room for outdoor entertaining, gardening, or play. Come take a look and see the possibilities.

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
$315,000
3.02% rateFHASave $1,877/mo

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