Laura Jewett

Laura Jewett

Property SearchContact
primary-1
primary-2primary-3
Closed

$435,000

($83,111 down)
FHA

5690 Heathland Terrace, Colorado Springs, CO 80917

2
2
1,364 sqft
PITI Monthly
$2,210.98 /mo

Listing courtesy of: Dan Imondi, HomeSmart

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,579 /mo
$2,536 /mo

What's Special

SERENE
SHOPPING
SPACIOUS
MODERN
LUXURY
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
WALK-IN CLOSET
EN SUITE BATHROOM
FINISHED BASEMENT
PATIO
LANDSCAPED

3% Qualified Assumption Loan Available – This incredible opportunity offers significant financial benefits by assuming the current loan. Welcome to 5690 Heathland Terrace, a modern and virtually new home with 2 bedrooms, 2 bathrooms, 2 car garage and beautifully crafted living spaces in a serene Colorado Springs community. Enjoy an open floor plan with soaring ceilings and luxury vinyl flooring. The chef-inspired kitchen includes granite countertops, a spacious island, stainless steel appliances, ample cabinets, and a pantry. The primary bedroom has an en suite bathroom and a walk-in closet. Full unfinished basement - a large blank canvas for additional bedrooms, an office, kitchenette, gym, etc. Includes rough in plumbing ready for a 3rd bath. Situated against Chaparral Open Space, enjoy stunning views of Pikes Peak from the park, access to miles of hiking trails, and gorgeous Colorado sunsets. This home combines comfort with a relaxed Colorado lifestyle. The landscaped yard with a patio is perfect for outdoor enjoyment. Nearby, you'll find eateries, daily necessities, and retail shopping. Don’t miss out on this beautiful home. Reach out today to book your private showing!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.98
Remaining Loan Term
26 years, 5 months
Monthly PITI
$2,210.98/mo
Estimated Loan Balance
$360,900
Cash to close
$83,111
Interest Paid
$38,597

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric, Natural Gas
Features
  • Materials: Cement Siding, Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Carpet, Ceramic Tile, Other, Laminate

Exterior

Fencing
  • Fencing: Rear
Roof
  • Roof: Shingle
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Cement Siding, Frame
  • Roof: Shingle
Condition
  • Year Built: 2021
Details
  • Builder: Century Communities

Community & HOA

Community
  • Subdivision: Chaparral Pointe
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $318.91
  • Tax Annual Amount: $2591
  • On Market Date: 2024-06-28T00:00:00.000Z
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $83,111 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $83,111!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$351,889
Your Cash$83,111
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,579/mo
Traditional @ 7.5%
$2,631/mo
You save $1,052/month ($12,620/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC5581954

Listing From: recolorado

Last updated: 2025-03-23T23:45:19.000Z

© , recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,579 /mo
$2,536 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $83,111 (19%)
You can enter any amount below - secondary financing will cover the difference if needed.
19%
$

You cover the entire equity of $83,111!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$351,889
Your Cash$83,111
Total Purchase Price:$435,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,579/mo
Traditional @ 7.5%
$2,631/mo
You save $1,052/month ($12,620/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

Powered By UMe.

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

equal-housing

© is committed to and abides by the Fair Housing Act of Equal Opportunity.