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$230,000

($45,633 down)
FHA

428 Prospect Avenue, La Junta, CO 81050

4
2
1,080 sqft
PITI Monthly
$1,184.78 /mo

Listing courtesy of: Brian Hancock, The Hancock Group Inc.

Assumed Rate

2.96%
7.15%

Principal & Interest

$844 /mo
$1,360 /mo
$21,918 in interest paid off

What's Special

SPACIOUS
DECK
FENCED YARD
PLAYGROUND
Great family size bi-level home with 4 bedrooms and 1-3/4 baths, living room on upper level and family room on lower level, plus a bonus room (former
garage) on the main level for whatever use you choose. There is a spacious wood deck off the kitchen and a large fenced yard. There is a City owned
school playground across the street.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.96
Remaining Loan Term
26 years, 2 months
Monthly PITI
$1,184.78/mo
Estimated Loan Balance
$192,951
Cash to close
$45,633
Interest Paid
$21,918

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: Composition
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: 1970
Details
  • Builder:

Community & HOA

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

Financial Details

  • Price per Sqft: $212.96
  • Tax Annual Amount: $575
  • On Market Date: Apr 18, 2025
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Savings Calculator

Current cash to close is $45,633 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
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0%20%50%

You cover the entire equity of $45,633!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$184,367
Your Cash$45,633
Total Purchase Price:$230,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$844/mo
Traditional @ 7.15%
$1,410/mo
You save $566/month ($6,791/year)

*Secondary financing rates are an estimated value based on input

MLS ID: REC2942714

Listing From: recolorado

Last updated: May 14, 2025 11:43pm

© 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

2.96%
7.15%

Principal & Interest

$844 /mo
$1,360 /mo
$21,918 in interest paid off
Inquire about this property
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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 $45,633 (20%)
You can enter any amount below - secondary financing will cover the difference if needed.
20%
$
0%20%50%

You cover the entire equity of $45,633!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$184,367
Your Cash$45,633
Total Purchase Price:$230,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$844/mo
Traditional @ 7.15%
$1,410/mo
You save $566/month ($6,791/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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