1186 Norfolk
FHA Assumable
3.89% Rate
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1186 Norfolk

Aurora, CO 80017

4
Bedrooms
2
Bathrooms
1,805
Sq Ft

Payment Calculator

$2,179per month
No secondary financing needed

The equity gap on this property ($-38,616) is less than 5% of the purchase price ($21,200). Your down payment covers the full gap with no second mortgage required.

Down payment$-38,616
Effective rate3.89% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,546/mo
Assumable @ 3.89%
$2,179/mo
$367less per month
$367
per month
$4,399
per year
$131,978
over 30 years

🏦 Loan Details

List Price
$424,000
Assumable Rate
3.89%
Remaining Balance
$462,616
Loan Type
FHA
Est. Equity Gap
Contact us
Annual Taxes
$3,221
HOA/mo
$358

About This Home

Property has already received short sale approval with the previous offer. Property has already been preliminarily evaluated for short sale and the short sale is allowed. The list price of $424,000.00 is the appraised value that the short sale current lien holder received from getting an appraisal within the past few weeks. Buyer must independently varify all information provided on this property listing for completeness and accuracy. NOTE - Property was fully remodeled in 2022 when the sellers purchased this home. CURRENT OFFER DROPPD BECAUSE OF THE BUYER'S ABILITY TO GET A LOAN. BUYER WAS DECLINED BY HER LENDER ON LOAN CONDITIONS. \r \r New offer must be able to close ASAP.

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
$424,000
3.89% rateFHASave $187/mo

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