1016 Blue Spruce
FHA Assumable
3.02% Rate
50 photos
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1016 Blue Spruce

Loveland, CO 80538

3
Bedrooms
4
Bathrooms
2,242
Sq Ft

Payment Calculator

$2,282per 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?$23,750
$23,750$132,057
Secondary Financing8.5% Rate
$108,307
Blended rate4.34% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,852/mo
Assumable @ 3.02% + gap
$2,282/mo
$570less per month
$570
per month
$6,838
per year
$205,148
over 30 years

🏦 Loan Details

List Price
$475,000
Assumable Rate
3.02%
Remaining Balance
$342,943
Loan Type
FHA
Est. Equity Gap
$132,057
Annual Taxes
$2,791
HOA/mo
$86

About This Home

Pre-Inspected and Ready For YOU! Some homes check boxes. This one offers a way of living. Set in an established Loveland neighborhood and backing directly to a huge open field and a horse boarding ranch, 1016 Blue Spruce delivers privacy, space, and views other homes can't replicate. Inside, vaulted ceilings and abundant natural light set the tone. The kitchen blends function and style with slate flooring, stainless appliances, and room to cook and host. The primary suite is a true retreat with a five-piece bath, walk-in closet, and that same airy feel. There is room for every season of life. Three bedrooms offer comfortable living, while the finished lower level adds a rec area and a dedicated office or flex room. Four bathrooms means no one is ever waiting in line. The backyard sets this home apart. Step onto a two-level deck, the lower level covered for all-season use, and take in uninterrupted views of the field and horses beyond. A private chicken coop and duck area bring an authentic touch of country living to your doorstep. Minutes from King Soopers, Seven Lakes Park, and the heart of Loveland. Properties like this don't stay on the market long. Experience it in person and the appeal is obvious. Schedule your private showing today.

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
$475,000
3.02% rateFHASave $1,196/mo

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