1100 Russell
FHA Assumable
2.3% Rate
50 photos
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1100 Russell

Thornton, CO 80229

3
Bedrooms
2
Bathrooms
1,130
Sq Ft

Payment Calculator

$1,563per 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?$19,750
$19,750$45,388
Secondary Financing8.5% Rate
$25,638
Blended rate2.72% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,372/mo
Assumable @ 2.3% + gap
$1,563/mo
$809less per month
$809
per month
$9,703
per year
$291,085
over 30 years

🏦 Loan Details

List Price
$395,000
Assumable Rate
2.3%
Remaining Balance
$355,023
Loan Type
FHA
Est. Equity Gap
$45,388
Annual Taxes
$3,184

About This Home

Welcome home to this lovely 3-bedroom, 1.5-bathroom home offering comfort, functionality, and a desirable corner lot location. The thoughtfully designed floor plan features a spacious living room, dining area, and kitchen that flow seamlessly together. The private primary suite is situated on one side of the home and includes an updated en-suite half bath and walk-in closet, while two additional bedrooms and a full bathroom are located on the opposite side, providing privacy for everyone. Step outside to a generously sized backyard with plenty of room to relax, entertain, garden, or create your ideal outdoor retreat. The oversized driveway offers convenient side parking for an RV, boat, trailer, or additional vehicles. Located in an established Thornton neighborhood, you’ll enjoy close proximity to Carpenter Park, Trail Winds Open Space, the Thornton Recreation Center, schools, shopping, dining, and major commuter routes including I-25 and Highway 7. Whether you’re a first-time homebuyer, investor, or looking to downsize without sacrificing comfort, this home offers an exceptional combination of value, convenience, and lifestyle. Qualified buyers may have the opportunity to assume the existing FHA loan @ 2.3% interest rate, subject to lender approval.

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
$395,000
2.3% rateFHASave $880/mo

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