Assumable homes for sale in Penrose, CO

1 homeFHA loansrates from 2.88% vs 7.40% today

Penrose assumption guide
1747 16th Street, Penrose, CO, 81240 — assumable FHA mortgage at 2.88%
FHA
Active
34
$519,999$271,688 equity gap
Rate
2.88%
7.40%today
Payment
$1,192/mo
$1,989today
  • 3beds
  • 2baths
  • 1,794sqft

1747 16th Street, Penrose

Assuming a mortgage in Penrose

An assumable mortgage lets you buy the home and take over the seller’s existing FHA, VA or USDA loan—its rate, balance and remaining term included. Each listing above shows the existing rate and payment next to what the same loan would cost at today’s rates (about 7.40%), so you can see the saving before you tour.

Lowest existing rate
2.88%
Lowest existing payment
$1,192 /mo
Median cash to assume
$271,688
Jon Cole

Jon Cole

Impact Real Estate

jon@homewithimpact.com+13037758744Impact Real Estate logo
Equal Housing Opportunity

Impact Real Estate is committed to and abides by the Fair Housing Act and Equal Opportunity. Listing data is refreshed daily from participating MLS feeds; existing loan terms are estimates until verified with the servicer.