406 Washington Street
FHA Assumable
3.47% Rate
23 photos
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406 Washington Street

Denver, CO 80203

5
Bedrooms
3
Bathrooms
2,436
Sq Ft

Payment Calculator

$2,050
per month, total
$20,500
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?$20,500
$20,500$142,745
Second loan$122,245
%
Blended rate4.73% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,462/mo
Assumable @ 3.47% + gap
$2,050/mo
$412less per month
$412
per month
$4,938
per year
$148,151
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
$410,000
Assumable Rate
3.47%
Remaining Balance
$267,254
Loan Type
FHA
Est. Equity Gap
$142,745

About This Home

***Check this out!! Buyers who choose the seller's preferred lender will receive a paid appraisal and a $4000 lender credit, creating even more value and savings during the home-buying process.*** Step into a piece of Denver history at 406 N Washington Street, where timeless 1922 character meets modern-day comfort. Nestled in the heart of the sought-after Alamo Placita neighborhood, this charming residence showcases the craftsmanship and architectural details that make historic homes so special, while offering thoughtful updates for today's lifestyle. From the moment you enter, you'll be welcomed by warm hardwood floors, inviting living spaces, and classic details that blend seamlessly with contemporary finishes. The updated interior preserves the home's original charm while providing the comfort and convenience buyers desire. Enjoy a lifestyle defined by walkability and convenience, with parks, local cafés, restaurants, boutique shopping, and the Cherry Creek Trail just moments away. Whether you're relaxing at home, entertaining friends, or exploring one of Denver's most beloved historic neighborhoods, 406 N Washington Street offers the perfect balance of character, location, and modern living. A rare opportunity to own a beautifully updated historic gem in one of Denver's most vibrant and enduring communities. Bonus!...the other side of the building is available as well, take a look at 402 N. Washington Street!

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
$410,000
3.47% rateFHASave $412/mo

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