12124 Melody
FHA Assumable
2.83% Rate
50 photos
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12124 Melody

Denver, CO 80234

2
Bedrooms
2
Bathrooms
907
Sq Ft

Payment Calculator

$1,020per 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?$10,935
$10,935$58,945
Secondary Financing8.5% Rate
$48,010
Blended rate4.15% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,313/mo
Assumable @ 2.83% + gap
$1,020/mo
$293less per month
$293
per month
$3,513
per year
$105,381
over 30 years

🏦 Loan Details

List Price
$218,700
Assumable Rate
2.83%
Remaining Balance
$157,903
Loan Type
FHA
Est. Equity Gap
$58,945
Annual Taxes
$1,156
HOA/mo
$483

About This Home

SELLER IS OFFERING A VERY LOW & ATTRACTIVE INTEREST RATE ON THE PURCHASE OF THIS PROPERTY. This Warm and updated Living Space FEELS LIKE HOMMME! You'll be comfortable and cozy with 2 BEDROOM AND 2 FULL BATHS. This well-maintained home is on the Garden Level and includes NEW CENTRAL AC AND NEW FURNACE W/ FULL PRICE OFFER, NEW 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** HOA covers your trash and water. Close to the Park-and Ride with quick access to I-25 makes it great for commuters. Numerous Dining Destinations and Bid-Box Stores in the immediate area. ALSO, the 2 bedrooms and 2 Full baths 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. PLEASE REMEMBER! LOWER INTEREST = MORE HOME! Good Luck. Hope to see you soon.

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
$218,700
2.83% rateFHASave $568/mo

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