5042 Scranton Street
FHA Assumable
2.68% Rate
37 photos
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5042 Scranton Street

Denver, CO 80239

2
Bedrooms
2
Bathrooms
1,433
Sq Ft

Payment Calculator

$1,950
per month, total
$22,000
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?$22,000
$22,000$109,837
Second loan$87,837
%
Blended rate3.69% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,642/mo
Assumable @ 2.68% + gap
$1,950/mo
$692less per month
$692
per month
$8,307
per year
$249,201
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
$440,000
Assumable Rate
2.68%
Remaining Balance
$330,163
Loan Type
FHA
Est. Equity Gap
$109,837

About This Home

Welcome to this versatile 4-bedroom, 2-bath home offering flexible living space, thoughtful updates, and a unique financing opportunity. **Seller has an existing assumable mortgage with a 3.19% interest rate for qualified buyers**, potentially offering substantial monthly savings compared with current market rates. The home features two separate living areas and two entrances, creating excellent flexibility for multigenerational living, a home office, guest space, or potential rental setup. Fresh interior paint, comfortable living spaces, and a functional floor plan make this home move-in ready while still offering room to make it your own. Solar adds another valuable feature. Conveniently located with access to shopping, dining, schools, parks, and major commuter routes. **Ask your agent for details regarding the 3.19% assumable loan and qualification requirements.** Buyer to verify loan assumption terms, eligibility, remaining balance, solar terms, and all property information.

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
$440,000
2.68% rateFHASave $692/mo

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