901-903 Kelly
FHA Assumable
4.22% Rate
50 photos
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901-903 Kelly

Loveland, CO 80537

3
Bedrooms
2
Bathrooms
1,068
Sq Ft

Payment Calculator

$2,667per month

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?$24,000
$24,000$179,016
Secondary Financing8.5% Rate
$155,016
Blended rate5.67% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,882/mo
Assumable @ 4.22% + gap
$2,667/mo
$215less per month
$215
per month
$2,579
per year
$77,370
over 30 years

🏦 Loan Details

List Price
$480,000
Assumable Rate
4.22%
Remaining Balance
$300,983
Loan Type
FHA
Est. Equity Gap
$179,016
Annual Taxes
$1,950
HOA/mo
$343

About This Home

Assumable FHA loan possibility! Great investment opportunity just west of downtown Loveland on a quiet street filled with trees. Duplex is fully rented with steady tenants. Unit 901: Currently leased at $1,700/month with the lease ending 2/28/26. This unit features 804 square feet, built in desk/office, beautiful hardwood floors, an attached garage, and a backyard with a patio overlooking the Barnes Irrigation river. Unit 903: Newly renovated and rented through 10/31/26 for $1500/mo. Recent updates include a new kitchen and appliances, freshly tiled bath, fresh paint, LVP flooring, upgraded doors and trim, new electrical outlets/covers, and new baseboards. Both units have been pre inspected.

Data Source: REcolorado MLS

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
$480,000
4.22% rateFHASave $1,531/mo

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