1838 98th
FHA Assumable
3.91% Rate
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1838 98th

Thornton, CO 80229

4
Bedrooms
1
Bathrooms
1,040
Sq Ft

Payment Calculator

$2,489per 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?$20,250
$20,250$246,746
Secondary Financing8.5% Rate
$226,496
Blended rate6.61% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,432/mo
Assumable @ 3.91% + gap
$2,489/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$405,000
Assumable Rate
3.91%
Remaining Balance
$158,253
Loan Type
FHA
Est. Equity Gap
$246,746
Annual Taxes
$2,273
HOA/mo
$831

About This Home

Great investment or first-time home Buyer opportunity! SOLD IN AS IS CONDITION! Single-family home offered strictly as-is at $405,000 in as-is condition—one of the best values for a detached home in this neighborhood. Property includes an unpermitted garage-to-bedroom conversion, an incomplete second bathroom, and buyer will be required to assume the existing solar agreement. Interior inspection confirms the primary bathroom is fully finished and functional for current use. The home is livable in its present condition, though dated, and priced accordingly. With comparable homes in superior condition selling above $420,000, this property presents an excellent opportunity for buyers seeking an affordable entry into the neighborhood, a starter home with upside, or a long-term investment. Seller will not complete repairs or provide concessions.

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
$405,000
3.91% rateFHASave $1,470/mo

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