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Closed
Closed

$460,000

($57,096 down)
VA

9492 Timberlake Loop, Colorado Springs, CO 80927

3
3
1,932 sqft
PITI Monthly
$2,206.09 /mo

Listing courtesy of: Heather Hilton, CENTURY 21 Dream Home

Assumed Rate

2.98%
7.15%

Principal & Interest

$1,808 /mo
$2,904 /mo
$46,159 in interest paid off

What's Special

SPACIOUS
MODERN
GRANITE COUNTERTOPS
WALK-IN CLOSET
PATIO
Welcome to this stunning three-story home nestled in the highly desirable Banning Lewis Ranch neighborhood. Natural light floods the spacious living
room, creating a warm and inviting atmosphere. Built in 2019, this contemporary residence blends modern amenities with practicality. The kitchen
boasts beautiful white cabinets, granite countertops, and a generously sized island. A delightful surprise awaits with four taps and equipment included,
perfect for entertaining. On the next level, three bedrooms await, along with a conveniently accessible laundry room. The primary bedroo... Show more
... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
2.98
Remaining Loan Term
26 years, 3 months
Monthly PITI
$2,206.09/mo
Estimated Loan Balance
$404,513
Cash to close
$57,096
Interest Paid
$46,159

Facts & Features

Interior

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

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: Contemporary
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 2019
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Banning Lewis Ranch
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Banning Lewis Metro District
  • HOA Amenities: Unknown
  • HOA Fee: $179
  • HOA Frequency: $Monthly
Location
  • Region: Colorado Springs

Financial Details

  • Price per Sqft: $238.1
  • Tax Annual Amount: $2777
  • On Market Date: Apr 04, 2024
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Savings Calculator

Current cash to close is $57,096 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
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0%20%50%

You cover the entire equity of $57,096!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$402,904
Your Cash$57,096
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,808/mo
Traditional @ 7.15%
$3,012/mo
You save $1,204/month ($14,449/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2419059

Listing From: recolorado

Last updated: Oct 01, 2024 06:01pm

© 2025, 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

2.98%
7.15%

Principal & Interest

$1,808 /mo
$2,904 /mo
$46,159 in interest paid off
Inquire about this property
​
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​
​
​

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 $57,096 (12%)
You can enter any amount below - secondary financing will cover the difference if needed.
12%
$
0%20%50%

You cover the entire equity of $57,096!

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

Loan Breakdown

Assumed Mortgage2.98% Sellers Rate
$402,904
Your Cash$57,096
Total Purchase Price:$460,000

Assumed vs Traditional Mortgage

Assumed @ 2.98%
$1,808/mo
Traditional @ 7.15%
$3,012/mo
You save $1,204/month ($14,449/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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