2642 Devonshire
FHA Assumable
1% Rate
50 photos
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2642 Devonshire

Denver, CO 80229

2
Bedrooms
3
Bathrooms
1,116
Sq Ft

Payment Calculator

$1,098per 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?$13,250
$13,250$82,462
Secondary Financing8.5% Rate
$69,212
Blended rate3.12% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,591/mo
Assumable @ 1% + gap
$1,098/mo
$493less per month
$493
per month
$5,921
per year
$177,633
over 30 years

🏦 Loan Details

List Price
$265,000
Assumable Rate
1%
Remaining Balance
$175,857
Loan Type
FHA
Est. Equity Gap
$82,462
Annual Taxes
$2,103
HOA/mo
$482

About This Home

Beautifully updated 2-bedroom, 2.5-bath townhouse with extensive recent improvements and attractive financing options available! FHA financing has been verified as available by the preferred lender. Qualified buyers may also have access to a no-down-payment loan program, and the preferred lender is offering a 1% interest-rate buydown for the first year.\r \r Updated just over a year ago, this move-in-ready home features quartz countertops, newer stainless steel appliances, refreshed kitchen cabinetry, newer carpet, updated bathroom vanities, nearly all new light fixtures, and newer interior paint. The open-concept kitchen and dining area provides a bright, functional space for everyday living and entertaining.\r \r Upstairs, both bedrooms feature their own private full bathrooms, offering a convenient layout that's ideal for a primary suite, guests, roommates, or a home office. The living room features a cozy gas fireplace, and the home also includes a newer HVAC system and washer and dryer.\r \r Conveniently located near light rail, public transportation, schools, shopping, and other amenities. With extensive recent updates already completed and multiple financing options available, this townhouse is ready for its next owner.

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
$265,000
1% rateFHASave $940/mo

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