FHA Assumable

2.95% Rate

50 photos

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137 McShane

Monument, CO 80132

Bedrooms

Bathrooms

2,296

Sq Ft

Payment Calculator

$2,470per 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?$25,000

$25,000$142,142

Secondary Financing8.5% Rate

$117,142

Blended rate4.27% vs 6.5%

Monthly Payment Comparison

Conventional @ 6.5%

$3,002/mo

Assumable @ 2.95% + gap

$2,470/mo

$533less per month

$533

per month

$6,393

per year

$191,777

over 30 years

See Full Loan Breakdown →

🏦 Loan Details

List Price: $500,000
Assumable Rate: 2.95%
Remaining Balance: $374,515
Loan Type: FHA
Est. Equity Gap: $142,142
Annual Taxes: $1,899

About This Home

Beautiful 5-bedroom, 2-bath residence positioned on a large lot in the highly sought after Monument area. This spacious ranch home features a bright, flowing floor plan, well-appointed kitchen with updated appliances, large bedrooms and all new carpeting in lower level. Conveniently located within walking distance of Monument Lake and downtown Monument’s shops and restaurants, this property is not governed by an HOA and features a one car garage plus gated alley access, suitable for RV storage and additional parking. Huge back yard complete with patio, fire pit and is completely fenced for privacy. This property offers a prime location, sizeable lot, and substantial living space, making it an exceptional opportunity!

Data Source: Pikes Peak MLS (PPMLS)

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

$500,000

2.95% rateFHASave $1,326/mo

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