3463 Springnite
FHA Assumable
3.92% Rate
50 photos
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3463 Springnite

Colorado Springs, CO 80916

3
Bedrooms
2
Bathrooms
1,228
Sq Ft

Payment Calculator

$1,634per 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?$13,000
$13,000$142,493
Secondary Financing8.5% Rate
$129,493
Blended rate6.16% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,561/mo
Assumable @ 3.92% + gap
$1,634/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$260,000
Assumable Rate
3.92%
Remaining Balance
$135,072
Loan Type
FHA
Est. Equity Gap
$142,493
Annual Taxes
$1,172

About This Home

Calling all investors and flippers: this single-level, three-bedroom, two-bath rancher is a solid candidate for a strong return. The single-story layout keeps renovation costs and timelines manageable — no stairs, no complicated structural work, just straightforward cosmetic and system updates to unlock this property’s full value.\r \r The bones are good and the floor plan works, but the home needs TLC throughout, which means built-in equity for the buyer ready to put in the work.

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
$260,000
3.92% rateFHASave $886/mo

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