114 1st
FHA Assumable
2.98% Rate
50 photos
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114 1st

La Salle, CO 80645

4
Bedrooms
2
Bathrooms
1,780
Sq Ft

Payment Calculator

$1,596per 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?$18,250
$18,250$56,168
Secondary Financing8.5% Rate
$37,918
Blended rate3.58% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,192/mo
Assumable @ 2.98% + gap
$1,596/mo
$596less per month
$596
per month
$7,149
per year
$214,464
over 30 years

🏦 Loan Details

List Price
$365,000
Assumable Rate
2.98%
Remaining Balance
$310,184
Loan Type
FHA
Est. Equity Gap
$56,168
Annual Taxes
$1,697
HOA/mo
$310

About This Home

This spacious ranch home has a multitude of wonderful possibilities for a large family or your company's workers. It has 10 rooms plus two full bathrooms in its 1780 sq ft footprint. It has 3 bedrooms and other rooms that could be used as bedrooms as well and an enclosed front porch. After the seller bought the house in 2021 he was told that the house had been a business office and was converted to a residence. The home had the sewer line replaced, sprinkler system in, AC unit installed, new dimensional shingle roof installed in 2021. While owning this home the seller installed a new heavy duty kitchen sink with faucet, installed electricity in the 2 car detached garage, plumbed and installed a wash out sink and faucet in the laundry room, bought a new washer and dryer, and a new water heater. The seller is having some health problems and has chosen to sell his home. He has chosen a wonderful sale price far less than comparable sized home in the area wanting to sell his home fairly quickly so he can concentrate on his health. Come and see this wonderful home that has good bones and tremendous potential for the future. Where can you find a better deal?

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
$365,000
2.98% rateFHASave $747/mo

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