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

$966per 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?$10,500
$10,500$50,614
Secondary Financing8.5% Rate
$40,114
Blended rate3.97% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,261/mo
Assumable @ 2.83% + gap
$966/mo
$295less per month
$295
per month
$3,541
per year
$106,229
over 30 years

🏦 Loan Details

List Price
$210,000
Assumable Rate
2.83%
Remaining Balance
$159,386
Loan Type
FHA
Est. Equity Gap
$50,614
Annual Taxes
$1,156
HOA/mo
$483

About This Home

You'll be comfortable and cozy in this 2 BEDROOM/2 FULL BATH CONDO located in Cottonwood Villas. This very affordable, well-maintained home is on the ground floor and includes 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 and covers your trash and water. Close to the Park-and Ride with quick access to I-25 makes it great for commuters. 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 Cottonwood Villas Community. What a great place to start you Real Estate adventure!

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
$210,000
2.83% rateFHASave $516/mo

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