Dan Kaercher

Dan Kaercher

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$400,000

($180,512 down)
FHA

8966 Picabo Lane, Cascade, CO 80809

2
2
1,233 sqft
PITI Monthly
$1,717.66 /mo

Listing courtesy of: Keith Buckhold, Exp Realty LLC

Assumed Rate

4.55%
7.15%

Principal & Interest

$1,271 /mo
$1,684 /mo

What's Special

SPACIOUS
DECK
PATIO
FENCED YARD

Welcome to Fountain Creek living! 2 bedroom, 2 bath ranch style home on over half acre of peaceful land and 250 ft of Fountain Creek running through. Huge deck to enjoy the mountain and creek views, spacious patio at the water with a rock oven for outdoor fun and a fenced yard for the kids and critters. Nestled in the breathtaking Cascade area Northwest of Colorado Springs, this fixer upper home has huge potential and so much to offer.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.55
Remaining Loan Term
23 years, 6 months
Monthly PITI
$1,717.66/mo
Estimated Loan Balance
$276,565
Cash to close
$180,512
Interest Paid
$69,671

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Natural Gas
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Main Level, One, Wood Burning
  • Flooring:

Exterior

Fencing
  • Fencing:
Roof
  • Roof: Shingle
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Septic Tank
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Shingle
Condition
  • Year Built: 1979
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Other
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Cascade

Financial Details

  • Price per Sqft: $324.41
  • Tax Annual Amount: $1439.49
  • On Market Date: 2025-04-02T21:21:29.000Z
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.

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Savings Calculator

Current cash to close is $180,512 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $180,512!

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

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$219,488
Your Cash$180,512
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$1,271/mo
Traditional @ 7.5%
$1,747/mo
You save $476/month ($5,714/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 1421986

Listing From:

Last updated: 2025-01-16T20:23:30.000Z

© , 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

4.55%
7.15%

Principal & Interest

$1,271 /mo
$1,684 /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 $180,512 (45%)
You can enter any amount below - secondary financing will cover the difference if needed.
45%
$

You cover the entire equity of $180,512!

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

Loan Breakdown

Assumed Mortgage4.55% Sellers Rate
$219,488
Your Cash$180,512
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 4.55%
$1,271/mo
Traditional @ 7.5%
$1,747/mo
You save $476/month ($5,714/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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