Marilyn Johnson

Marilyn Johnson

Assumable homes for sale in Merino, CO

1 homeFHA loansrates from 6.35% vs 7.32% today

Merino assumption guide
110 Logan Avenue #1/2, Merino, CO, 80741 — assumable FHA mortgage at 6.35%
FHA
Active
50
$289,000$26,940 equity gap
Rate
6.35%
7.32%today
Payment
$1,650/mo
$1,821today
  • 3beds
  • 2baths
  • 1,568sqft

110 Logan Avenue #1/2, Merino

Assuming a mortgage in Merino

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 7.32%), so you can see the saving before you tour.

Lowest existing rate
6.35%
Lowest existing payment
$1,650 /mo
Median cash to assume
$26,940