8555 Fairmount
FHA Assumable
2.94% Rate
50 photos
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8555 Fairmount

Denver, CO 80247

1
Bedrooms
1
Bathrooms
701
Sq Ft

Payment Calculator

$645per 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?$8,000
$8,000$10,946
Secondary Financing8.5% Rate
$2,946
Blended rate3.05% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$961/mo
Assumable @ 2.94% + gap
$645/mo
$316less per month
$316
per month
$3,791
per year
$113,732
over 30 years

🏦 Loan Details

List Price
$160,000
Assumable Rate
2.94%
Remaining Balance
$148,711
Loan Type
FHA
Est. Equity Gap
$10,946
Annual Taxes
$868
HOA/mo
$422

About This Home

Beautifully renovated and well-maintained ground-level, corner-unit condo offering move-in ready living in Denver! This unit features new bamboo flooring throughout, complemented by tile in the kitchen and bathroom, offering a clean, modern aesthetic with a cohesive flow across the interior. A cozy wood-burning fireplace anchors the living space, and the bedroom includes a large walk-in closet. The bathroom was updated in 2025, and additional improvements include a new bedroom window, a newer lanai door, and newer air conditioning. \r \r The functional layout includes in-unit laundry and direct access to a private covered patio—perfect for morning coffee or unwinding in the evening. Reserved parking is included, and the ground-level location offers easy, stair-free access.\r \r Located less than 3 miles from Common Ground Golf Course and within 2–5 miles of Cherry Creek Shopping Center, as well as nearby dining and Cherry Creek Country Club. Enjoy convenient access to parks, trails, and everyday retail, with quick connectivity to major commuter routes, downtown Denver, and the Denver Tech Center.

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
$160,000
2.94% rateFHASave $252/mo

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