FHA Assumable

3.06% Rate

50 photos

Click to enlarge

5255 Memphis

Denver, CO 80239

Bedrooms

Bathrooms

1,121

Sq Ft

Payment Calculator

$1,495per 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?$14,750

$14,750$105,164

Secondary Financing8.5% Rate

$90,414

Blended rate4.83% vs 6.5%

Monthly Payment Comparison

Conventional @ 6.5%

$1,771/mo

Assumable @ 3.06% + gap

$1,495/mo

$277less per month

$277

per month

$3,319

per year

$99,571

over 30 years

See Full Loan Breakdown →

🏦 Loan Details

List Price: $295,000
Assumable Rate: 3.06%
Remaining Balance: $188,204
Loan Type: FHA
Est. Equity Gap: $105,164
Annual Taxes: $1,402
HOA/mo: $360

About This Home

NEW PRICE Freshly cleaned and truly move-in ready, this bright first-floor corner condo offers an inviting, open layout with abundant south-facing natural light. Enjoy the rare bonus of two private balconies and two dedicated parking spaces—perfect for relaxing or hosting guests. Designed for easy, low-maintenance living, the flexible floor plan suits a variety of lifestyles. Located in a vibrant, walkable Denver neighborhood near shops, parks, trails, and dining, with quick access to Peña Blvd, I-70, and DIA. A fantastic opportunity for homeowners and investors alike.

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

$295,000

3.06% rateFHASave $881/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 624-3472