2514 Elkhart Street
FHA Assumable
5.25% Rate
25 photos
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2514 Elkhart Street

Aurora, CO 80014

2
Bedrooms
2
Bathrooms
1,002
Sq Ft

Payment Calculator

$2,737
per month, total
$26,000
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?$26,000
$26,000$32,522
Second loan$6,522
%
Blended rate5.28% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,122/mo
Assumable @ 5.25% + gap
$2,737/mo
$385
per month
$4,619
per year
$138,581
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
$520,000
Assumable Rate
5.25%
Remaining Balance
$487,477
Loan Type
FHA
Est. Equity Gap
$32,522
Annual Taxes
$3,331

About This Home

Welcome to this wonderful 5 beds 3 baths home located in a quiet neighborhood. You will be amazed at how spacious this property is. With 4 bedrooms and 2 bathrooms on the second floor, living and dining in main floor and 2 bedrooms plus another living room in basement. One of the basements bedrooms is non-conforming due to not having a window but it could easily be a six bedroom. The property has a $20,000-upgrade Stucco that makes the home stand out. Paint, flooring and upstairs carpet 6 months old, NEW carpet in the basement. Parking will never be a problem, bring your toys. 2 Car Garage and 4 car driveway. This could be your next 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
$520,000
5.25% rateFHASave $385/mo

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