1531 29th
FHA Assumable
5.22% Rate
50 photos
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1531 29th

Loveland, CO 80538

5
Bedrooms
2
Bathrooms
2,944
Sq Ft

Payment Calculator

$3,404per 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?$30,750
$30,750$113,408
Secondary Financing8.5% Rate
$82,658
Blended rate5.68% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,693/mo
Assumable @ 5.22% + gap
$3,404/mo
$289less per month
$289
per month
$3,464
per year
$103,925
over 30 years

🏦 Loan Details

List Price
$615,000
Assumable Rate
5.22%
Remaining Balance
$503,066
Loan Type
FHA
Est. Equity Gap
$113,408
Annual Taxes
$2,832

About This Home

Architectural Character Meets Modern Living. Discover a home defined by thoughtful design and unique character. This residence features a seamless flow and an open-concept main level that maximizes natural light. The kitchen has been transformed with an open floor plan, removing 1960s-era partitions to create an airy, inviting space perfect for entertaining, complete with extended windows that bring the outdoors in. Many of these thoughtful design elements-including the open floor plan and window and skylight additions-were created by the late, award-winning Loveland and Fort Collins architect and historic preservationist James Cox. Move in with confidence knowing the heavy lifting has been done. Recent improvements include a full interior refresh with retextured ceilings and paint (Fall 2022), refinished and sealed flooring, and a suite of new Samsung Bespoke appliances. The exterior was freshly painted in Spring 2023, and the home is equipped with a 2015 roof, modern AC and furnace (2017), a whole-house fan, and fiber internet via Pulse. With its own separate entrance, this lower level is perfectly positioned to serve as an income-generating suite, a private home office, or a sprawling rec room. It features a cozy wood-burning fireplace and ample storage. Two additional bedrooms and a recently updated full bath downstairs. A private outdoor oasis tucked away, this home offers a rare sense of privacy. Enjoy the vine-covered surroundings in the summer months, a side yard perfect for garden beds, and a dedicated patio area. The property also includes a detached two-car garage with covered breezeway and additional side storage. The seller is offering carpet credit for the basement.

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
$615,000
5.22% rateFHASave $769/mo

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