1601 Great Western
FHA Assumable
2.84% Rate
50 photos
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1601 Great Western

Longmont, CO 80501

3
Bedrooms
3
Bathrooms
1,734
Sq Ft

Payment Calculator

$1,593per 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?$17,725
$17,725$74,410
Secondary Financing8.5% Rate
$56,685
Blended rate3.79% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,129/mo
Assumable @ 2.84% + gap
$1,593/mo
$536less per month
$536
per month
$6,431
per year
$192,943
over 30 years

🏦 Loan Details

List Price
$354,500
Assumable Rate
2.84%
Remaining Balance
$280,089
Loan Type
FHA
Est. Equity Gap
$74,410
Annual Taxes
$2,489
HOA/mo
$490

About This Home

Welcome to your New Home at desirable Riverbend at Mill Village! This beautiful, maintenance free, 3-bedroom, 4-bath townhouse is freshly painted, has new flooring & a cozy gas fireplace in the living room, wood floors & granite countertops in the large kitchen and dining room, 2nd floor laundry, a nice patio off of the living room and a single car garage. Lots of natural light and vaulted ceilings. The HOA includes a pool (right across the street), workout room, hot tub, a playground and all exterior maintenance. Just move in and relax. Close to shopping, bus routes and restaurants. Easy access to the mountains and I-25.

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
$354,500
2.84% rateFHASave $847/mo

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