5562 Flanders Street
FHA Assumable
2.9% Rate
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5562 Flanders Street

Denver, CO 80249

5
Bedrooms
3
Bathrooms
2,344
Sq Ft

Payment Calculator

$1,990
per month, total
$23,000
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?$23,000
$23,000$83,478
Second loan$60,478
%
Blended rate3.54% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,762/mo
Assumable @ 2.9% + gap
$1,990/mo
$772less per month
$772
per month
$9,265
per year
$277,945
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
$460,000
Assumable Rate
2.9%
Remaining Balance
$376,522
Loan Type
FHA
Est. Equity Gap
$83,478

About This Home

Welcome to this well-kept and beautifully maintained home in the Green Valley Ranch subdivision. This home offers a comfortable living space and was built in 2005. The updated kitchen features modern finishes and ample cabinetry, perfect for everyday living and entertaining. The home has been thoughtfully cared for and remains clean and move-in ready throughout. Step outside to a nicely maintained backyard complete with a charming gazebo—ideal for relaxing or hosting gatherings. Additional highlights include a two-car garage and a functional floor plan that maximizes space and comfort. Conveniently located near parks, schools, shopping, and major commuter routes.

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
$460,000
2.9% rateFHASave $772/mo

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