
ASSUME THE EXISTING LOAN
Why is assuming the existing loan such a great opportunity?
Assuming the current loan means you take over a low 3.125% interest rate, a huge advantage compared to today’s rates. That translates to significantly lower monthly payments and thousands in interest savings over time. Plus, you’ll enjoy reduced upfront costs compared to starting a brand-new loan.
Current Loan Details:
Do I need cash to cover the difference between the loan balance and the purchase price?
Assumption Terms & Process:
More Information or to Start the Process:
GALLERY
MORTGAGE CALCULATOR
PROPERTY DETAIL
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 1, 994 sqft
Price per Sqft $313
MLS Listing ID 5777140
Style Ranch
Bedrooms 4
Full Baths 2
Construction Status Existing Home
HOA Y/N No
Year Built 1997
Annual Tax Amount $1,499
Tax Year 2024
Lot Size 40.390 Acres
Property Sub-Type Single Family
Location
State CO
County El Paso
Area Mustang Meadows
Building
Lot Description 360-degree View, Mountain View, View of Pikes Peak
Foundation Tied Down Mobile, Other
Water Well
Level or Stories Ranch
Structure Type HUD Standard Manu
Construction Status Existing Home
Interior
Interior Features See Prop Desc Remarks
Cooling Ceiling Fan(s)
Fireplaces Number 1
Fireplaces Type Main Level, Pellet Stove, Two, Wood Burning
Appliance Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
Laundry Main
Exterior
Parking Features Detached
Garage Spaces 2.0
Fence All, Front, Rear, Other, See Prop Desc Remarks
Utilities Available Electricity Connected, Propane, Solar, See Prop Desc Remarks
Roof Type Composite Shingle
Schools
School District Ellicott-22
Others
Miscellaneous Horses (Zoned),Kitchen Pantry,RV Parking,See Prop Desc Remarks,Wet Bar,Workshop
Special Listing Condition Not Applicable
Virtual Tour https://www.propertypanorama.com/instaview/ppar/5777140
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