Laura Jewett

Laura Jewett

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Closed

$490,000

($81,648 down)
FHA

7087 Mcewan Street, Colorado Springs, CO 80922

4
3
1,870 sqft
PITI Monthly
$3,338.69 /mo

Listing courtesy of: Emily Broerman, Keller Williams Partners Realty

Assumed Rate

6.9%
7.15%

Principal & Interest

$2,748 /mo
$2,818 /mo

What's Special

OPEN CONCEPT
SPACIOUS
FIREPLACE
VAULTED CEILINGS
COZY

Welcome home! Nestled on a desirable corner lot, this gem boasts newly updated flooring and bathrooms. The open concept main floor is perfect for entertaining, featuring a cozy fireplace and stunning vaulted ceilings. Upstairs, you'll find three spacious guest bedrooms, while the primary suite offers new flooring and a beautifully updated ensuite bathroom. With top-rated parks and schools nearby, this home is a perfect blend of comfort and convenience. Don't miss out!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.9
Remaining Loan Term
27 years, 8 months
Monthly PITI
$3,338.69/mo
Estimated Loan Balance
$425,100
Cash to close
$81,648
Interest Paid
$66,388

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame, Wood Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Gas Log, Living Room
  • Flooring: Carpet, Wood

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
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
  • Frame, Wood Siding
  • Roof: Composition
Condition
  • Year Built: 1998
Details
  • Builder:

Community & HOA

Community
  • Subdivision: The Range At Springs Ranch
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Z & R Management
  • HOA Amenities: Unknown
  • HOA Fee: $40
  • HOA Frequency: $Quarterly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $262.03
  • Tax Annual Amount: $1537
  • On Market Date: 2024-12-06T00:00:00.000Z
Inquire about this property

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Apply to Assume

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

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Savings Calculator

Current cash to close is $81,648 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $81,648!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$408,352
Your Cash$81,648
Total Purchase Price:$490,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$2,748/mo
Traditional @ 7.5%
$2,924/mo
You save $175/month ($2,102/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC3629401

Listing From: recolorado

Last updated: 2024-12-06T14:41:16.000Z

© , 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

6.9%
7.15%

Principal & Interest

$2,748 /mo
$2,818 /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 $81,648 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $81,648!

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

Loan Breakdown

Assumed Mortgage6.9% Sellers Rate
$408,352
Your Cash$81,648
Total Purchase Price:$490,000

Assumed vs Traditional Mortgage

Assumed @ 6.9%
$2,748/mo
Traditional @ 7.5%
$2,924/mo
You save $175/month ($2,102/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

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© 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.

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