1020 15th
FHA Assumable
3% Rate
50 photos
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1020 15th

Denver, CO 80202

0
Bedrooms
1
Bathrooms
484
Sq Ft

Payment Calculator

$944per 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?$11,500
$11,500$18,663
Secondary Financing8.5% Rate
$7,163
Blended rate3.18% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,381/mo
Assumable @ 3% + gap
$944/mo
$437less per month
$437
per month
$5,242
per year
$157,270
over 30 years

🏦 Loan Details

List Price
$230,000
Assumable Rate
3%
Remaining Balance
$210,892
Loan Type
FHA
Est. Equity Gap
$18,663
Annual Taxes
$981
HOA/mo
$354

About This Home

Downtown condo with an assumable FHA loan at just 3% Current owner payment is $1288 with insurance plus (hoa). This is a rare opportunity to enjoy exceptionally low monthly payments while living in the heart of the city. The building faces direcly at 16th St!!. Enjoy beautiful mountain views and an unbeatable downtown location close to restaurants, entertainment, and city amenities. The building offers great features, including a pool, and the special assessment has already been paid, providing the new owner with a lower HOA payment. Ideal as a primary residence, investment property, or affordable urban retreat.

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
$230,000
3% rateFHASave $402/mo

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