1070 Elm
FHA Assumable
2.96% Rate
50 photos
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1070 Elm

Denver, CO 80229

3
Bedrooms
2
Bathrooms
1,176
Sq Ft

Payment Calculator

$1,822per 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?$19,950
$19,950$69,491
Secondary Financing8.5% Rate
$49,541
Blended rate3.66% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$2,396/mo
Assumable @ 2.96% + gap
$1,822/mo
$574less per month
$574
per month
$6,892
per year
$206,748
over 30 years

🏦 Loan Details

List Price
$399,000
Assumable Rate
2.96%
Remaining Balance
$343,456
Loan Type
FHA
Est. Equity Gap
$69,491
Annual Taxes
$2,885

About This Home

Preferred lender is offering a free appraisal and credit report plus a 1-0 lender paid temporary buydown. Buyer(s) must be purchasing the home as a primary residence and using a conventional, FHA, or VA loan. Presenting a prime opportunity in Thornton, this classic brick ranch offers a rare combination of generous outdoor space and a convenient location. Set on an expansive lot along a beautifully landscaped median street, this home enjoys enhanced curb appeal and added privacy from neighboring residences. A thoughtfully designed single-level floorplan provides effortless everyday living, with three bedrooms offering space for guests or a dedicated home office. Timeless brick construction adds lasting appeal, and the spacious yard with a covered patio offers abundant potential for outdoor entertaining, gardening or future customization. Extensive off-street parking easily accommodates an RV, boat or multiple vehicles. Nestled within a quiet, established neighborhood, this residence sits just moments from parks, shopping, dining and everyday conveniences. Easy access to major thoroughfares provides seamless connectivity to Boulder, Longmont and the greater Denver metro area.

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
$399,000
2.96% rateFHASave $844/mo

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