In an assumption, your down payment equals the seller’s equity. You’ll need at least 5% in cash, and the rest can be covered with secondary financing.
This property may be available as a short sale, meaning the seller owes more than the current market value. This could present a unique opportunity for buyers, but requires special financing considerations and approval from the lender.
Find out if you qualify by applying with our experts.Assumed Rate
Principal & Interest
Listed by • Michelle Addison, HomeSmart
MLS ID: 4196932
Listing From:
Last updated: 2025-06-04T16:30:09.000Z
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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
Principal & Interest
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