5042 Scranton
FHA Assumable
2.68% Rate
50 photos
Click to enlarge

5042 Scranton

Denver, CO 80239

4
Bedrooms
2
Bathrooms
1,770
Sq Ft

Payment Calculator

$1,996per 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?$22,000
$22,000$107,472
Secondary Financing8.5% Rate
$85,472
Blended rate3.87% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,642/mo
Assumable @ 2.68% + gap
$1,996/mo
$646less per month
$646
per month
$7,752
per year
$232,557
over 30 years

🏦 Loan Details

List Price
$440,000
Assumable Rate
2.68%
Remaining Balance
$330,953
Loan Type
FHA
Est. Equity Gap
$107,472
Annual Taxes
$2,273

About This Home

Welcome to this versatile 4-bedroom, 2-bath home offering flexible living space, thoughtful updates, and a unique financing opportunity. **Seller has an existing assumable mortgage with a 3.19% interest rate for qualified buyers**, potentially offering substantial monthly savings compared with current market rates. The home features two separate living areas and two entrances, creating excellent flexibility for multigenerational living, a home office, guest space, or potential rental setup. Fresh interior paint, comfortable living spaces, and a functional floor plan make this home move-in ready while still offering room to make it your own. Solar adds another valuable feature. Conveniently located with access to shopping, dining, schools, parks, and major commuter routes. **Ask your agent for details regarding the 3.19% assumable loan and qualification requirements.** Buyer to verify loan assumption terms, eligibility, remaining balance, solar terms, and all property information.

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
$440,000
2.68% rateFHASave $1,113/mo

Request a Tour or Talk With an Agent

Schedule a showing or talk with our team

Or reach us directly:

📞 (719) 624-3472