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OverviewWhat's SpecialLocationAssumption SnapshotFacts & Features
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Closed
Closed

$220,000

($24,574 down)
FHA

27424 Frontage Road, La Junta, CO 81050

3
1
912 sqft
PITI Monthly
$1,430.43 /mo

Listing courtesy of: Jamie Goodvin, JPAR Modern Real Estate

Assumed Rate

5.22%
7.15%

Principal & Interest

$1,108 /mo
$1,360 /mo
$26,653 in interest paid off

What's Special

Far enough away from downtown to feel private but close enough for easy access to all amenities. This 3 bedroom one bath home holds lots of
potential for the right buyer. Finish off the basement and add 1 more bedrooms or leave it as it is and enjoy lots of storage with a family room
downstairs. This is one you do not want to wait to see. Call for your tour today!
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.22
Remaining Loan Term
27 years, 5 months
Monthly PITI
$1,430.43/mo
Estimated Loan Balance
$205,087
Cash to close
$24,574
Interest Paid
$26,653

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: None
  • Heating: Baseboard
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Composition
Condition
  • Year Built: 1961
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Rayl
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: La Junta

Financial Details

  • Price per Sqft: $241.23
  • Tax Annual Amount: $361
  • On Market Date: Oct 03, 2024
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Savings Calculator

Current cash to close is $24,574 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$
0%20%50%

You cover the entire equity of $24,574!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$195,426
Your Cash$24,574
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,108/mo
Traditional @ 7.15%
$1,410/mo
You save $302/month ($3,629/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC8613791

Listing From: recolorado

Last updated: Oct 03, 2024 04:40pm

© 2025, recolorado. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

5.22%
7.15%

Principal & Interest

$1,108 /mo
$1,360 /mo
$26,653 in interest paid off
Inquire about this property
​
​
​
​
​

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $24,574 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$
0%20%50%

You cover the entire equity of $24,574!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage5.22% Sellers Rate
$195,426
Your Cash$24,574
Total Purchase Price:$220,000

Assumed vs Traditional Mortgage

Assumed @ 5.22%
$1,108/mo
Traditional @ 7.15%
$1,410/mo
You save $302/month ($3,629/year)

*Secondary financing rates are an estimated value based on input

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May, 15 2025

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