607 Branding Iron
FHA Assumable
2.74% Rate
50 photos
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607 Branding Iron

Castle Rock, CO 80104

5
Bedrooms
4
Bathrooms
2,450
Sq Ft

Payment Calculator

$2,763per 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?$28,000
$28,000$192,493
Secondary Financing8.5% Rate
$164,493
Blended rate4.52% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,363/mo
Assumable @ 2.74% + gap
$2,763/mo
$599less per month
$599
per month
$7,193
per year
$215,793
over 30 years

🏦 Loan Details

List Price
$560,000
Assumable Rate
2.74%
Remaining Balance
$367,507
Loan Type
FHA
Est. Equity Gap
$192,493
Annual Taxes
$2,963
HOA/mo
$176

About This Home

Don't miss this unique and versatile property featuring 5 bedrooms, 4 bathrooms, and multiple flex spaces in a desirable Castle Rock neighborhood. The bright, open main level offers vaulted ceilings, a spacious living and dining area, and a beautiful kitchen with granite countertops, a large island, abundant cabinetry, and a pantry.\r \r The main level includes 3 bedrooms, 2 bathrooms, 1 office space, and a private exterior entrance. The walk-out basement, with its own separate entrance and no interior access to the main level, features 2 additional bedrooms, 2 bathrooms, 3 office spaces, a kitchenette, and a spacious laundry room.\r \r Previously designed to accommodate a home health business, this flexible floor plan is ideal for multi-generational living, a home-based business, or a variety of other uses. Conveniently located near Metzler Ranch Community Park, shopping, dining, I-25, and outdoor recreation. Schedule your showing today!\r \r Preferred Lender is providing a lender paid 1-0 buydown upon approval. Please contact the listing agent for more 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
$560,000
2.74% rateFHASave $1,662/mo

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