7045 Routt Street
FHA Assumable
6.95% Rate
31 photos
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7045 Routt Street

Arvada, CO 80004

5
Bedrooms
2
Bathrooms
1,927
Sq Ft

Payment Calculator

$4,420
per month, total
$35,000
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?$35,000
$35,000$83,806
Second loan$48,806
%
Blended rate6.99% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$4,203/mo
Assumable @ 6.95% + gap
$4,420/mo
$0
per month
$0
per year
$0
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
$700,000
Assumable Rate
6.95%
Remaining Balance
$616,193
Loan Type
FHA
Est. Equity Gap
$83,806

About This Home

This Arvada home delivers more space than you might expect, with 5 bedrooms, 4 bathrooms, a fully finished basement and multiple living spaces across three finished levels. Step inside to a bright, open main level where vaulted ceilings, abundant natural light and luxury vinyl plank flooring create an easy flow throughout the living spaces. The family room is anchored by a gas fireplace, while the nearby dining area connects naturally to the updated kitchen featuring stainless steel appliances, generous cabinetry, pantry storage and a peninsula with additional prep space and seating. A convenient powder bath completes the main level. Upstairs, the primary suite offers a private retreat with a spacious bedroom and renovated 3/4 bath featuring a dual vanity, fully tiled walk in shower and modern finishes. Two additional bedrooms and an updated full bathroom round out the upper level. The finished basement adds even more flexibility with two additional bedrooms, an updated 3/4 bathroom and space that can easily accommodate guests, home offices, hobbies or whatever fits your lifestyle. Outside, the private fenced backyard offers a patio and plenty of room to relax, entertain or create your own outdoor space. An attached 2 car garage adds everyday convenience. The location makes this home even better, with Ralston Creek Trail and nearby parks close to home, plus convenient access to Olde Town Arvada, the Denver Highlands, Boulder and the surrounding Denver metro. With five bedrooms, four bathrooms, updated living spaces, a finished basement and a location that keeps recreation, dining and everyday amenities within easy reach, this home offers the flexibility to grow, gather and make the space your own.

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
$700,000
6.95% rateFHA

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