12124 Melody
FHA Assumable
2.83% Rate
50 photos
Click to enlarge

12124 Melody

Denver, CO 80234

2
Bedrooms
2
Bathrooms
907
Sq Ft

Payment Calculator

$850per 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?$9,750
$9,750$35,245
Secondary Financing8.5% Rate
$25,495
Blended rate3.62% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,171/mo
Assumable @ 2.83% + gap
$850/mo
$320less per month
$320
per month
$3,846
per year
$115,370
over 30 years

🏦 Loan Details

List Price
$195,000
Assumable Rate
2.83%
Remaining Balance
$158,646
Loan Type
FHA
Est. Equity Gap
$35,245
Annual Taxes
$1,156
HOA/mo
$483

About This Home

This Warm and Attractive Living Space Which Really BETTER THAN HOME! You'll be comfortable and cozy with 2 BEDROOM AND 2 FULL BATHS. This very affordable, well-maintained home is on the ground floor and includes RECENLTLY REPLACED IN-UNIT WASHER AND DRYER, pre-engineered Wood Flooring, Re-surfaced Counters and fresh paint in the Kitchen. The HOA cares for the Community Pool and Clubhouse **BOTH RECENTLY REPAIRED AND UPDATED** and covers your trash and water. Close to the Park-and Ride with quick access to I-25 makes it great for commuters. Numerous Eating Destinations in the immediate area. ALSO, the 2 bed 2 bath makes it perfect for a rental-to-share with your friends or family. You'll have everything you need and enjoy when you purchase this great home in The Cottonwood Villas Community. FORGET THE STARTER HOME! Start your Real Estate adventure right here. Please consider this great unit for your first home. (FHA BUYER'S WELCOME.!!) All offers will be gratefully received and considered.

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
$195,000
2.83% rateFHASave $426/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 624-3472