1617 Daily
FHA Assumable
2.87% Rate
50 photos
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1617 Daily

Erie, CO 80516

4
Bedrooms
4
Bathrooms
1,864
Sq Ft

Payment Calculator

$3,179per 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?$28,750
$28,750$194,087
Secondary Financing8.5% Rate
$165,337
Blended rate4.36% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,453/mo
Assumable @ 2.87% + gap
$3,179/mo
$274less per month
$274
per month
$3,286
per year
$98,581
over 30 years

🏦 Loan Details

List Price
$575,000
Assumable Rate
2.87%
Remaining Balance
$460,063
Loan Type
FHA
Est. Equity Gap
$194,087
Annual Taxes
$4,536
HOA/mo
$100

About This Home

Updated two story home in desirable Canyon Creek. Enjoy the natural light provided by the windows throughout the main level. The updated kitchen offers granite countertops and upgraded stainless steel appliances. The modern kitchen adjoins the eating space featuring a light filled bay window. Other recent updates you will appreciate include a new roof, new water heater, new exterior paint, new carpet and updated light fixtures throughout! Luxury vinyl flooring throughout the main level adds a nice touch. Upstairs you will find 3 bedrooms including the primary suite with 5 piece bathroom and walk in closet. The other two bedrooms are attached with a convenient jack and jill bathroom. The finished basement offers a fourth bedroom and 3/4 bath perfect for guests. The spacious backyard has plenty of space and privacy for great summer evenings. Canyon creek is located in the heart of Erie and close distance to walking trails, community rec center and downtown shops and restaurants. Schedule your private showing today at this GEM!

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
$575,000
2.87% rateFHASave $1,692/mo

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