3093 Olathe Way
FHA Assumable
3.96% Rate
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3093 Olathe Way

Aurora, CO 80013

2
Bedrooms
1
Bathrooms
945
Sq Ft

Payment Calculator

$1,653
per month, total
$1,984
cash you bring
No secondary financing needed

The equity gap on this property ($1,984) is less than 5% of the purchase price ($17,500). Your down payment covers the full gap with no second mortgage required.

Down payment$1,984
Effective rate3.96% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,102/mo
Assumable @ 3.96%
$1,653/mo
$448less per month
$448
per month
$5,378
per year
$161,338
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
3.96%
Remaining Balance
$348,016
Loan Type
FHA
Est. Equity Gap
$1,984

About This Home

Opportunity knocks in Aurora! This ranch-style single-family home sits on a generous corner lot in the established Meadowood neighborhood and is ready for a buyer with vision. If you have been searching for a home where you can build sweat equity, personalize the finishes, and create long-term value, this is the one to see. The home offers 3 bedrooms, 2 bathroom, an attached 2-car garage plus RV parking, a basement with a kitchen, and outdoor deck space, giving you a strong foundation to work from. You will find unfinished projects and areas ready for repair, updates, and your personal touch. Outside, the yard is a blank canvas, untouched and waiting for someone to bring it back to life with landscaping, garden space, play areas, or outdoor entertaining area. This property is best suited for a conventional loan, cash buyer, investor, or handy owner-occupant. Due to chipping paint and unfinished items, it is not expected to qualify for FHA or VA financing. With its ranch floor plan, basement potential, attached garage, large lot, and Aurora location, this home offers the kind of upside buyers are still searching for. Bring your ideas, your contractor, and your vision — this is your chance to create value in a neighborhood where opportunity is getting harder to find.

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
3.96% rateFHASave $448/mo

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