20000 Mitchell Place
FHA Assumable
2.81% Rate
1 photos
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20000 Mitchell Place

Denver, CO 80012

2
Bedrooms
1
Bathrooms
810
Sq Ft

Payment Calculator

$1,677
per month, total
$20,000
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?$20,000
$20,000$59,563
Second loan$39,563
%
Blended rate3.30% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,402/mo
Assumable @ 2.81% + gap
$1,677/mo
$725
per month
$8,695
per year
$260,849
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
$400,000
Assumable Rate
2.81%
Remaining Balance
$340,437
Loan Type
FHA
Est. Equity Gap
$59,563
Annual Taxes
$2,867
HOA/mo
$170

About This Home

Clean 3-bed, 2.5-bath two-story in Mitchell Place at Green Valley Ranch. About 1,758 sq ft. Main level has living room with fireplace, dining area, kitchen, half bath, and laundry. Upstairs: primary suite with walk-in closet, soaking tub, and separate shower, plus two more bedrooms and a full bath. Private backyard with deck. Attached 2-car garage. HOA covers snow removal, trash, and grounds. Easy access to E-470, I-70, and DEN. Offered at $400,000. Buyer to verify HOA dues, taxes, and all listing details.

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
$400,000
2.81% rateFHASave $725/mo

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