FHA Assumable

2.94% Rate

50 photos

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3392 Exposition

Denver, CO 80219

Bedrooms

Bathrooms

607

Sq Ft

Payment Calculator

$1,444per 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?$16,000

$16,000$65,095

Secondary Financing8.5% Rate

$49,095

Blended rate3.84% vs 6.5%

Monthly Payment Comparison

Conventional @ 6.5%

$1,921/mo

Assumable @ 2.94% + gap

$1,444/mo

$478less per month

$478

per month

$5,730

per year

$171,912

over 30 years

See Full Loan Breakdown →

🏦 Loan Details

List Price: $320,000
Assumable Rate: 2.94%
Remaining Balance: $254,904
Loan Type: FHA
Est. Equity Gap: $65,095
Annual Taxes: $1,787

About This Home

Property was recently fully renovated in 2020. It will need a cleanout due to clutter. Everything is functional and priced below market value. Quick sale with a cash offer is ideal. Property is cluttered but everything is in working order. Neighborhood has been approved for ADU builds. Investors, come take a look.

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

$320,000

2.94% rateFHASave $709/mo

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