402 Washington Street
FHA Assumable
3.1% Rate
27 photos
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402 Washington Street

Denver, CO 80203

1
Bedrooms
1
Bathrooms
664
Sq Ft

Payment Calculator

$1,851
per month, total
$19,250
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?$19,250
$19,250$125,460
Second loan$106,210
%
Blended rate4.38% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,312/mo
Assumable @ 3.1% + gap
$1,851/mo
$461less per month
$461
per month
$5,530
per year
$165,915
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
$385,000
Assumable Rate
3.1%
Remaining Balance
$259,540
Loan Type
FHA
Est. Equity Gap
$125,460

About This Home

**Bonus!!, buyers who choose the seller's preferred lender will receive a paid appraisal and a $4000 credit at closing, creating even more value and savings during the home-buying process. Own a piece of Denver History located at 402 N Washington Street. Step into something special. Built in 1922, this timeless Denver gem sits right in the heart of the city and has the character to prove it, original architectural touches that no new construction can replicate, warm hardwood floors that tell a story underfoot, and a soul that only a century of well-loved living can give a home. Enjoy your mornings on the charming front patio, and unwind in the evening in your own backyard, a rare and coveted retreat in the city. Whether you're hosting friends or simply soaking up the Colorado sunshine, this outdoor space delivers. Inside, the thoughtful preservation of original details creates an atmosphere that is both nostalgic and inviting, the kind of home that draws you in the moment you walk through the door. And the location? Hard to beat. Nestled in one of Denver's most sought-after corridors, you're steps from the best the city has to offer - restaurants, coffee shops, parks, shops, and nightlife all within easy reach. Homes like this don't come along often. Classic bones, unbeatable location, and that rare feeling of home from day one. The other half of this building is also available as well, 406 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
$385,000
3.1% rateFHASave $461/mo

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