16189 Elk
VA Assumable
2.89% Rate
50 photos
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16189 Elk

Denver, CO 80239

3
Bedrooms
3
Bathrooms
1,538
Sq Ft

Payment Calculator

$1,970per 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?$20,000
$20,000$132,002
Secondary Financing8.5% Rate
$112,002
Blended rate4.55% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,402/mo
Assumable @ 2.89% + gap
$1,970/mo
$432less per month
$432
per month
$5,181
per year
$155,416
over 30 years

🏦 Loan Details

List Price
$400,000
Assumable Rate
2.89%
Remaining Balance
$266,770
Loan Type
VA
Est. Equity Gap
$132,002
Annual Taxes
$5,177
HOA/mo
$221

About This Home

This three bedroom, three bathroom townhome is positioned with intention, offering a $4,000 buyer credit that may be applied toward a rate buy-down or closing costs, creating immediate flexibility and helping reduce upfront expenses or monthly payment from the start.\r Step inside and you immediately feel the space open around you. The main level flows naturally from the living room to the dining area and kitchen, creating a setting where everyday routines and meaningful gatherings feel effortless. Nothing feels cramped. There is room to move, to host, and to settle in comfortably.\r The kitchen is designed for real use, offering generous cabinet storage, a true pantry, and an island with seating that keeps everyone connected. Stainless steel appliances and clean finishes create a space that is both functional and welcoming. Just off the kitchen, the dining area is ready for daily meals or larger gatherings without feeling tight or limited.\r A main level bathroom adds convenience for guests, and direct access to the oversized two car garage simplifies daily life. The garage provides space not only for vehicles but also for storage, tools, and the practical needs of an active household.\r Upstairs, the bedrooms are thoughtfully arranged to provide privacy and flexibility. The layout supports a variety of living needs, whether for family, guests, or a dedicated work from home setup. Each bathroom is well appointed, offering comfort without excess.\r The monthly HOA is under $201 and supports low maintenance ownership, covering exterior upkeep and access to community amenities.\r Beyond the home itself, the community adds to the experience. Residents enjoy a clubhouse, pool, and hot tub, creating spaces to relax, connect, and unwind close to home.\r This is a home that delivers on space, function, and financial positioning, giving buyers a clear and practical opportunity in today’s market.

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
$400,000
2.89% rateVASave $1,144/mo

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