🏠The Assumable Guy
5141 116th Avenue
FHA Assumable
2.88% Rate
36 photos
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5141 116th Avenue

Thornton, CO 80233

3
Bedrooms
1
Bathrooms
1,027
Sq Ft

Payment Calculator

$2,248
per month, total
$28,050
cash you bring

In an assumption, your down payment covers the seller's equity. You'll need at least 5% of the purchase price in cash, and the rest can be covered with secondary financing.

How much can you bring down?$28,050
$28,050$40,437
Second loan$12,387
%
Blended rate2.99% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,369/mo
Assumable @ 2.88% + gap
$2,248/mo
$1,121less per month
$1,121
per month
$13,450
per year
$403,498
over 30 years

Estimates only, not a loan offer, quote, or approval. Payments are principal and interest and exclude taxes, insurance, HOA dues and closing costs. The second-loan rate is an assumption you can edit, not a quoted rate. Assumption terms are subject to lender and servicer approval and verification.

See Full Loan Breakdown →

🏦 Loan Details

List Price
$561,000
Assumable Rate
2.88%
Remaining Balance
$520,563
Loan Type
FHA
Est. Equity Gap
$40,437

Listing information is deemed reliable but not guaranteed. All data provided by the MLS and is subject to change. The Assumable Guy is not the listing agent for this property. Contact us to connect with the listing agent and explore assumable financing options.

This listing
$561,000
2.88% rateFHASave $1,121/mo

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📞 (719) 624-3472