1535 Terry
FHA Assumable
6% Rate
50 photos
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1535 Terry

Longmont, CO 80501

5
Bedrooms
3
Bathrooms
2,011
Sq Ft

Payment Calculator

$3,737per 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?$30,865
$30,865$84,258
Secondary Financing8.5% Rate
$53,393
Blended rate6.22% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,707/mo
Assumable @ 6% + gap
$3,737/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$617,300
Assumable Rate
6%
Remaining Balance
$554,766
Loan Type
FHA
Est. Equity Gap
$84,258
Annual Taxes
$3,758
HOA/mo
$379

About This Home

Move-in ready and packed with updates, this inviting two-story home offers bright, comfortable living spaces inside and out! Step inside to fresh interior paint, new flooring throughout the main and upper levels, new baseboards, updated doors, hardware and trim, and new light fixtures throughout. Popcorn ceilings have been removed, giving the home a clean, refreshed feel.The spacious main living area is filled with natural light and offers plenty of room to gather and entertain. A separate family room features a charming brick fireplace and sliding glass doors leading directly to the covered backyard patio. The dining area flows easily into the kitchen, creating a functional layout for everyday living and entertaining.The kitchen provides abundant cabinetry and counter space, stainless steel appliances, a gas range, new sink and new garbage disposal. Upstairs bedrooms are spacious with updated flooring and flexible space for bedrooms, guests or a home office. Bathrooms have received fully remodeling, including new sinks, toilets, tile and fixtures and a remodeled main-level bath. The Basement has a non-conforming bedroom, storage area a rough-in bath offering more space to make your own.Major improvements add even more value, including a 50-year impact-resistant roof, new garage door, new furnace and air conditioner, new main water shut-off valve, new blinds and radon mitigation.Outside, mature trees provide wonderful shade and character to the front yard, while the attached garage and wide driveway offer convenient parking. Out back we know it needs a gardeners touch so we are offering a Seller Concession for $2800! Enjoy a fenced yard and covered patio with plenty of room for outdoor dining, relaxing and entertaining. This home offers a fantastic combination of comfort, function and peace of mind. Come see all it has to offer!

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
$617,300
6% rateFHASave $381/mo

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