FHA Assumable
4.87% Rate
50 photos
Click to enlarge
502 Iowa
Fountain, CO 80817
2
Bedrooms
1
Bathrooms
1,008
Sq Ft
Payment Calculator
$1,535per 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?$12,500
$12,500$128,615
Secondary Financing8.5% Rate
$116,115Blended rate6.64% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,501/moAssumable @ 4.87% + gap
$1,535/mo$0
per month
$0
per year
$0
over 30 years
🏦 Loan Details
- List Price
- $250,000
- Assumable Rate
- 4.87%
- Remaining Balance
- $121,384
- Loan Type
- FHA
- Est. Equity Gap
- $128,615
- Annual Taxes
- $842
About This Home
Calling all handy people looking for a great deal! This 2 bedroom home in fountain sits on a very large lot that has so much potential. Ho e needs tlc and is being sold as-is. Book your showing today!
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
$250,000
4.87% rateFHASave $763/mo
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