8980 Hickory
FHA Assumable
2.84% Rate
50 photos
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8980 Hickory

Denver, CO 80229

3
Bedrooms
2
Bathrooms
1,176
Sq Ft

Payment Calculator

$1,994per 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?$20,500
$20,500$111,493
Secondary Financing8.5% Rate
$90,993
Blended rate4.11% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,462/mo
Assumable @ 2.84% + gap
$1,994/mo
$468less per month
$468
per month
$5,616
per year
$168,468
over 30 years

🏦 Loan Details

List Price
$410,000
Assumable Rate
2.84%
Remaining Balance
$313,367
Loan Type
FHA
Est. Equity Gap
$111,493
Annual Taxes
$2,665

About This Home

Calling the handy DIY'ers that are ready to make a good home into a fantastic home with a little TLC, or investors looking for their next flip or flip and hold. This lovely ranch home in a NO HOA neighborhood has great bones and tons of potential. Three bedrooms, two full bathrooms (one already updated), a kitchen that overlooks the family and dining areas, and a spacious mud room/laundry room. This home also has paid off solar, offering low electric bills! Another bonus is the huge lot and detached 2-car garage! Not many of the neighboring homes have a garage, so this one is a rare.\r Take advantage of the opportunity to own with a little sweat equity!

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
$410,000
2.84% rateFHASave $1,090/mo

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