1100 Russell
FHA Assumable
2.3% Rate
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1100 Russell

Thornton, CO 80229

3
Bedrooms
2
Bathrooms
1,130
Sq Ft

Payment Calculator

$1,523per 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 rate2.73% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,372/mo
Assumable @ 2.3% + gap
$1,523/mo
$849less per month
$849
per month
$10,191
per year
$305,745
over 30 years

🏦 Loan Details

List Price
$395,000
Assumable Rate
2.3%
Remaining Balance
$344,440
Loan Type
FHA
Est. Equity Gap
$45,388
Annual Taxes
$3,184
HOA/mo
$435

About This Home

Back on the market through no fault of the home! The previous transaction did not come to fruition due to buyer-related circumstances. This is a great opportunity to make this home yours! Welcome home to this lovely 3-bedroom, 1.5-bathroom home on a desirable corner lot! The inviting floor plan features a spacious living room, dining area, and kitchen, plus a private primary suite with an updated en-suite half bath and walk-in closet. Two additional bedrooms and a full bath provide comfortable separation and privacy. Enjoy the generously sized backyard, perfect for relaxing, entertaining, or gardening, along with an oversized driveway offering convenient parking for an RV, boat, trailer, or additional vehicles. Ideally located near Carpenter Park, Trail Winds Open Space, Thornton Recreation Center, schools, shopping, dining, I-25, and Highway 7. 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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