2343 Downing
FHA Assumable
2.96% Rate
50 photos
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2343 Downing

Denver, CO 80205

1
Bedrooms
1
Bathrooms
937
Sq Ft

Payment Calculator

$2,413per 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?$25,000
$25,000$127,279
Secondary Financing8.5% Rate
$102,279
Blended rate4.12% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,002/mo
Assumable @ 2.96% + gap
$2,413/mo
$589less per month
$589
per month
$7,066
per year
$211,981
over 30 years

🏦 Loan Details

List Price
$500,000
Assumable Rate
2.96%
Remaining Balance
$387,901
Loan Type
FHA
Est. Equity Gap
$127,279
Annual Taxes
$2,341
HOA/mo
$390

About This Home

Welcome home to this charming 2-bedroom, 1-bath residence that perfectly blends comfort, style, and convenience. Thoughtfully designed with an inviting layout, this cozy home offers warm, welcoming living spaces filled with character. The basement provides valuable additional space for storage, hobbies, or future possibilities. Ideally located just minutes from shopping, dining, parks, schools, and everyday amenities, you'll enjoy easy access to everything you need. Whether you're a first-time buyer, looking to downsize, or searching for a smart investment opportunity, this delightful home is one you won't want to miss.

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
$500,000
2.96% rateFHASave $1,246/mo

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