540 Forest Street
FHA Assumable
3.06% Rate
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540 Forest Street

Denver, CO 80246

3
Bedrooms
2
Bathrooms
1,700
Sq Ft

Payment Calculator

$1,545
per month, total
$17,500
cash you bring

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?$17,500
$17,500$65,826
Second loan$48,326
%
Blended rate3.71% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,102/mo
Assumable @ 3.06% + gap
$1,545/mo
$556less per month
$556
per month
$6,677
per year
$200,311
over 30 years

Estimates only, not a loan offer, quote, or approval. Payments are principal and interest and exclude taxes, insurance, HOA dues and closing costs. The second-loan rate is an assumption you can edit, not a quoted rate. Assumption terms are subject to lender and servicer approval and verification.

🏦 Loan Details

List Price
$350,000
Assumable Rate
3.06%
Remaining Balance
$284,174
Loan Type
FHA
Est. Equity Gap
$65,826

About This Home

Beautifully maintained end-unit condo in the desirable Four Mile Village community!!! Featuring 2 bedrooms and 1.5 baths, this light-filled home offers an open floor plan with soaring vaulted ceilings, wide plank wood flooring, a cozy wood-burning fireplace and large sliding doors leading to a private second-story balcony surrounded by mature trees and established landscaping. The updated kitchen showcases granite countertops, custom cabinetry, stainless steel appliances, pantry storage with thoughtful smart space-efficient design. Main-floor bedroom includes double closets and access to a full bath with separate vanity space, while the spacious upper-level primary suite features an attached half bath and open loft-style feel. Laundry closet with washer and dryer included. Additional highlights include a detached one-car garage with built-in shelving, two additional resident parking passes and two guest parking passes. New electrical panel. Community amenities include outdoor pool, tennis courts and clubhouse/community center. HOA has completed newer roofs, siding and decks, with stair updates scheduled for this year. Seller will pay the remaining HOA special assessment with a solid offer which would secure current HOA dues at $321/month plus $109/month recreational HOA for 2026. HOA dues projected to increase to approximately $425/month plus $109 rec dues/month in 2027. This fabulous location offers its residence easy access to Four Mile Historic Park, Colorado Front Range Trail, Cherry Creek Trail, multiple area parks, restaurants, shopping and commuter friendly access to Denver's city core!!!

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
$350,000
3.06% rateFHASave $556/mo

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