6517 Cathay Street
FHA Assumable
2.96% Rate
36 photos
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6517 Cathay Street

Denver, CO 80249

3
Bedrooms
3
Bathrooms
2,004
Sq Ft

Payment Calculator

$1,853
per month, total
$20,500
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?$20,500
$20,500$98,953
Second loan$78,453
%
Blended rate3.87% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,462/mo
Assumable @ 2.96% + gap
$1,853/mo
$609less per month
$609
per month
$7,304
per year
$219,121
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
$410,000
Assumable Rate
2.96%
Remaining Balance
$311,046
Loan Type
FHA
Est. Equity Gap
$98,953

About This Home

Welcome to this beautifully maintained Taylor Morrison home, built in 2021 and designed with a bright, open floorplan. The spacious kitchen flows seamlessly into the main living areas, while the primary suite and two additional bedrooms offer generous space and walk-in closets. Thoughtful upgrades include modern lighting and fans, elegant backsplash, upgraded appliances, premium flooring, and an oversized two-car garage with newer poly-coated flooring. Enjoy low-maintenance living with convenient access to public transportation, parks, shopping, and the planned light rail station just minutes away. This newer North Denver community is growing quickly, with new restaurants and convenience retail already in development. Come see it for yourself—welcome home!

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
$410,000
2.96% rateFHASave $609/mo

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