188 Monares
FHA Assumable
3.95% Rate
50 photos
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188 Monares

Erie, CO 80516

4
Bedrooms
3
Bathrooms
1,825
Sq Ft

Payment Calculator

$4,247per month

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?$31,995
$31,995$496,340
Secondary Financing8.5% Rate
$464,345
Blended rate7.43% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,842/mo
Assumable @ 3.95% + gap
$4,247/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$639,900
Assumable Rate
3.95%
Remaining Balance
$142,513
Loan Type
FHA
Est. Equity Gap
$496,340
Annual Taxes
$4,148
HOA/mo
$193

About This Home

Improved opportunity for your fantastic Views of the Rocky Mountains! Neighborhood Park directly next door! Dining area opens to a deck for seamless indoor-outdoor living and stunning mountain views. Kitchen has pantry, efficient workspace & views. Four upstairs bedrooms, a spacious primary suite with walk-in closet. Walkout basement awaits your personal touch. Covered front porch, fenced yard, 2 car garage. Close to open space, trails, fire station & schools. $400 toward Home Owners Warranty

Data Source: REcolorado MLS

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
$639,900
3.95% rateFHASave $2,847/mo

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