Dan Kaercher

Dan Kaercher

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$345,000

($29,134 down)
FHA

1216 Burnham Street, Colorado Springs, CO 80906

3
1
1,187 sqft
PITI Monthly
$2,463.96 /mo

Listing courtesy of: Chris Schaller ABR CLHMS CNHS CRS EPRO MRP RRS , RE/MAX Advantage Realty, Inc.

Assumed Rate

6.27%
7.15%

Principal & Interest

$1,999 /mo
$2,188 /mo

What's Special

REMODELED

***Amazing recently remodeled ranch style home in perfect condition***Large gourmet kitchen w/ new cabinets, granite, and stainless appliances***Remodeled bath w/ custom tile***Vinyl Windows***New central a/c***Large backyard w/ new fencing***All appliances including washer and dryer stay***House shows like a model home***Don't miss this gem***

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.27
Remaining Loan Term
27 years, 11 months
Monthly PITI
$2,463.96/mo
Estimated Loan Balance
$316,213
Cash to close
$29,134
Interest Paid
$41,826

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features:
  • Flooring: Carpet, Luxury Vinyl

Exterior

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

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Shingle
Condition
  • Year Built: 1963
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $290.65
  • Tax Annual Amount: $1022
  • On Market Date: 2025-04-02T21:20:33.000Z
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 $29,134 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $29,134!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$315,866
Your Cash$29,134
Total Purchase Price:$345,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$1,999/mo
Traditional @ 7.5%
$2,270/mo
You save $271/month ($3,249/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 2898594

Listing From:

Last updated: 2025-01-10T19:11:50.000Z

© , PPMLS. 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.

The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp.

Assumed Rate

6.27%
7.15%

Principal & Interest

$1,999 /mo
$2,188 /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 $29,134 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $29,134!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$315,866
Your Cash$29,134
Total Purchase Price:$345,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$1,999/mo
Traditional @ 7.5%
$2,270/mo
You save $271/month ($3,249/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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