120 Pear Lake
VA Assumable
2.75% Rate
50 photos
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120 Pear Lake

Erie, CO 80516

4
Bedrooms
4
Bathrooms
2,321
Sq Ft

Payment Calculator

$3,666per 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?$32,450
$32,450$235,945
Secondary Financing8.5% Rate
$203,495
Blended rate4.38% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,897/mo
Assumable @ 2.75% + gap
$3,666/mo
$231less per month
$231
per month
$2,767
per year
$83,003
over 30 years

🏦 Loan Details

List Price
$649,000
Assumable Rate
2.75%
Remaining Balance
$514,831
Loan Type
VA
Est. Equity Gap
$235,945
Annual Taxes
$6,914

About This Home

Better than new! Premium lot with fantastic mountain sunset views, higher end upgrades and finished basement! 4 Bedroom 4 bath home, enjoy the community center with pool! Trails nearby great location for commuting. Garden level basement was finished as part of the original build, including full bathroom, bedroom and family room. Home located adjacent to community park. Fully landscaped with sprinkler system and additional storage shed in backyard. *****Attn Veterans: transferable VA loan rate at 2.75%!!!!!!***********

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
$649,000
2.75% rateVASave $1,983/mo

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