8555 Fairmount Drive
FHA Assumable
2.86% Rate
12 photos
Click to enlarge

8555 Fairmount Drive

Denver, CO 80113

2
Bedrooms
4
Bathrooms
1,596
Sq Ft

Payment Calculator

$660
per month, total
$8,000
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?$8,000
$8,000$18,600
Second loan$10,600
%
Blended rate3.18% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$961/mo
Assumable @ 2.86% + gap
$660/mo
$301
per month
$3,613
per year
$108,398
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
$160,000
Assumable Rate
2.86%
Remaining Balance
$141,399
Loan Type
FHA
Est. Equity Gap
$18,600
Annual Taxes
$1,176
HOA/mo
$422

About This Home

**Low-maintenance living, a wood-burning fireplace, reserved parking, and a location that keeps Denver within easy reach.** Sometimes you don't need more space—you just need the right space. This inviting 1-bedroom, 1-bath condo makes smart use of its 701 square feet, creating a comfortable home that's easy to maintain and even easier to enjoy. The living room is anchored by a **real wood-burning fireplace**, bringing warmth and character that's increasingly hard to find. Just off the kitchen, a cozy breakfast nook creates the perfect spot for morning coffee, dinner for two, or even a work-from-home corner. And when it's time to move in, there's less to worry about—**all appliances are included**, including the refrigerator, microwave, dishwasher, washer, and dryer. The bedroom provides a comfortable retreat, while the full bathroom offers both a tub and shower. Air conditioning keeps things comfortable during Colorado summers, and your **reserved parking space** means no searching for a spot when you get home. The lifestyle extends beyond the front door. Parks, shopping, restaurants, and everyday conveniences are nearby, while the location provides convenient access to **Downtown Denver, Cherry Creek, and Denver International Airport**. The HOA also takes care of many of the expenses and maintenance items homeowners normally have to handle separately, including **water, sewer, trash, snow removal, common-area maintenance, and structural insurance**—helping make ownership simpler and more predictable. Whether you're looking for your first home, simplifying your lifestyle, or searching for a comfortable lock-and-leave home base, this condo delivers the things that matter most without paying for space you don't need. **Cozy when you want it. Convenient when you need it. And ready for its next owner.**

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
$160,000
2.86% rateFHASave $301/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 618-3936