3318 Washington Street
FHA Assumable
2.85% Rate
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3318 Washington Street

Englewood, CO 80113

2
Bedrooms
2
Bathrooms
824
Sq Ft

Payment Calculator

$2,470
per month, total
$29,750
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?$29,750
$29,750$76,264
Second loan$46,514
%
Blended rate3.23% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,573/mo
Assumable @ 2.85% + gap
$2,470/mo
$1,102less per month
$1,102
per month
$13,227
per year
$396,815
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
$595,000
Assumable Rate
2.85%
Remaining Balance
$518,735
Loan Type
FHA
Est. Equity Gap
$76,264

About This Home

Assume a rate of 3.125%! FHA loan with a balance of $522,646.25 left with Carrington Home loans. Matures 5/1/2051 – grab this townhome with a cheap assumable mortgage costing $3,366.28 a month. Welcome to this beautifully appointed west-facing front-unit townhome, where modern design meets effortless livability. Bathed in natural light from expansive windows on three sides, the open-concept floor plan features soaring ceilings, rich hardwood floors, and a spacious layout that lives like a single-family home. Offering 2 bedrooms, 4 bathrooms, and 1,662 square feet, this home includes a versatile main-level bonus space—perfect for a home office, gym, or flex room—plus an attached 2-car garage and three exceptional outdoor living areas. The heart of the home is a sleek, contemporary kitchen outfitted with stainless steel KitchenAid appliances, a gas range, quartz countertops, custom cabinetry, and a generous eat-in island. It flows seamlessly into the dining area and inviting living room with a cozy gas fireplace, as well as a covered deck—ideal for indoor-outdoor entertaining. Upstairs, the serene primary suite offers a private retreat, complete with its own balcony, a spa-inspired bathroom with double vanity, quartz finishes, a spacious walk-in shower with upgraded Aroma Sense showerhead, and a large walk-in closet. A second bedroom, full bath, and convenient laundry are also located on this level. Crowning the home is a spectacular rooftop deck with sweeping mountain views—an entertainer’s dream and the perfect place to unwind. Additional highlights include two powder baths, a custom mudroom entry, new Whirlpool washer and dryer, SimpliSafe security system with Ring camera, and top-down/bottom-up honeycomb window treatments throughout. Ideally situated just south of Harvard Gulch and Platt Park, this unbeatable location offers easy access to South Broadway’s vibrant shops and dining.

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
$595,000
2.85% rateFHASave $1,102/mo

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