3714 Elgin Place
FHA Assumable
3.45% Rate
34 photos
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3714 Elgin Place

Fort Collins, CO 80547

6
Bedrooms
7
Bathrooms
6,371
Sq Ft

Payment Calculator

$2,262
per month, total
$22,475
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?$22,475
$22,475$163,355
Second loan$140,880
%
Blended rate4.79% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,699/mo
Assumable @ 3.45% + gap
$2,262/mo
$437
per month
$5,245
per year
$157,354
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
$449,500
Assumable Rate
3.45%
Remaining Balance
$286,144
Loan Type
FHA
Est. Equity Gap
$163,355
Annual Taxes
$2,850
HOA/mo
$90

About This Home

Where can you find a home BACKING TO COMPLETE PRIVACY AND OPEN SPACE in this price range! Jump at this opportunity! Located just 10 minutes from all of the fun and excitement of Old Town Fort Collins with a designated bike lane to College Ave. This spacious and welcoming 3 bedroom, 3 bath home is overflowing with value and opportunity. Tucked in a quiet cul-de-sac backing to Cooper Slough Natural Area on a large 7908 square foot lot, this yard is a peaceful oasis ready for your personal touch. Garden and grow to your heart's content with HOA provided non-potable water included in the HOA dues. No high summer water bills, and easy watering with the sprinkler system. The main floor features hard surface flooring throughout, a large kitchen with ample countertop and cabinet space, a living room big enough for a crowd and a dining area overlooking the back yard and native areas beyond. The upper level features a massive primary retreat complete with vaulted ceilings a walk-in closet and a private 3/4 bath. Brand new carpets installed in the upper level. The two car attached garage provides room for all of your equipment for Colorado adventures. The neighborhood features walking trails through the natural areas and access to Rabbit Brush Park. New Class 4 shingle roof in 2020 (eligible for insurance discounts). Central A/C installed in 2020.

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
$449,500
3.45% rateFHASave $437/mo

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