2427 Rainbow
FHA Assumable
3.16% Rate
50 photos
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2427 Rainbow

Denver, CO 80229

2
Bedrooms
1
Bathrooms
960
Sq Ft

Payment Calculator

$1,278per 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?$13,000
$13,000$76,075
Secondary Financing8.5% Rate
$63,075
Blended rate4.52% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,561/mo
Assumable @ 3.16% + gap
$1,278/mo
$283less per month
$283
per month
$3,396
per year
$101,891
over 30 years

🏦 Loan Details

List Price
$260,000
Assumable Rate
3.16%
Remaining Balance
$184,341
Loan Type
FHA
Est. Equity Gap
$76,075
Annual Taxes
$1,958
HOA/mo
$465

About This Home

Well-maintained and move-in ready, this townhome offers a bright and functional layout with comfortable living spaces throughout. The main level features an easy flow between the living room, dining area, and kitchen, creating a space that feels open without wasting square footage. Just outside, the fenced patio provides a private outdoor area to enjoy, and the storage shed can be included for additional storage needs.\r \r Upstairs includes two generously sized bedrooms, including a large primary suite, along with a convenient upper-level laundry area equipped with included washer and dryer. Whether you need space for a roommate, work-from-home setup, or a small family, the floorplan offers flexibility to fit different lifestyles. Recent updates include newer flooring throughout plus brand-new windows and a patio door installed this year for improved efficiency and comfort. This is a clean, cared-for home that’s ready for its next chapter.

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
$260,000
3.16% rateFHASave $659/mo

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