1855 98th Avenue
FHA Assumable
5.51% Rate
31 photos
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1855 98th Avenue

Denver, CO 80229

3
Bedrooms
2
Bathrooms
1,144
Sq Ft

Payment Calculator

$2,637
per month, total
$24,000
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?$24,000
$24,000$58,780
Second loan$34,780
%
Blended rate5.66% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,882/mo
Assumable @ 5.51% + gap
$2,637/mo
$245less per month
$245
per month
$2,937
per year
$88,115
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
$480,000
Assumable Rate
5.51%
Remaining Balance
$421,219
Loan Type
FHA
Est. Equity Gap
$58,780

About This Home

Welcome to this charming Thornton bilevel offering the perfect blend of comfort, flexibility, and convenience! A beautiful mature catalpa tree adds character and charm to the front yard and welcomes you home. The main level features a comfortable living room with a wood-burning fireplace, a dining room, and a kitchen with quartz countertops and a cozy breakfast nook, creating an inviting space for everyday living and entertaining. All three bedrooms are located upstairs, including the primary bedroom with an ensuite bathroom that can also be accessed from the hallway for added convenience. Downstairs, you’ll find a family room, half bathroom, laundry, three closets, and storage beneath the stairs, providing additional space for storage and everyday living. The lower level also offers garage access, with built-in storage and a black-painted finish. For added flexibility, one of the secondary bedroom closets includes an additional washer and dryer hookup, offering the option to move the laundry upstairs if desired. Step outside to enjoy the large backyard with a deck, perfect for relaxing or entertaining, along with a new shed built in 2025 for additional storage. Ideally located near I-25 for easy commuter access, with the light rail at 104th Avenue and Colorado Boulevard and a variety of dining, grocery, and fitness options just down the road.

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
$480,000
5.51% rateFHASave $245/mo

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