Featured Denver open house
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Listing photos: MLS 4830709 · Listing courtesy of Cox Real Estate Group.
A Platt Park home to explore, paired with a payment worksheet that looks beyond the asking price.
$750,000
5 bedrooms · 2 bathrooms · 2,368 finished sq. ft.
Detached single-family home · Built in 1938
Denver, CO 80210
September 20, 2026
10 a.m. to noon, Denver time
Active status, price and schedule checked on the live listing September 15. Confirm again before traveling.
Your listing agent
Cox Real Estate Group
Visit Chelsea’s official team page
For showings, property details and offers, contact the listing agent. For payment options, use the Milestone inquiry form below. Source: Cox Real Estate Group’s team page.
Listing courtesy of Cox Real Estate Group, MLS 4830709, via REcolorado/MLS GRID on Smart Denver Home Search. Milestone Home Mortgage provides financing education, not the real estate listing or open-house hosting. No affiliation with the listing brokerage or seller incentive is implied.
Understand the payment before the offer
Hypothetical worksheet, not a rate quote or financing offer. These selected inputs illustrate the math. They do not establish that a particular rate, premium, seller credit, or buydown is available. Request a personalized Loan Estimate before making a financing decision.
30-year conventional fixed-rate example: 7.000% note rate; 7.050% illustrative annual percentage rate (APR). Purchase price $750,000; 20% down ($150,000); loan amount $600,000; 360 monthly payments; zero discount points; $3,000 assumed prepaid finance charges. Owner-occupied purchase. Actual eligibility, pricing, fees and APR depend on the borrower, property and lender.
Principal & interest: $3,991.81
Property-tax allowance: $333.75
Homeowners-insurance allowance: $350.00
HOA dues assumed: $0.00
Mortgage insurance: $0.00 with this 20%-down conventional example.
Modeled monthly housing payment: $4,675.56
The listing reports $4,005 in annual property taxes for 2025, or $333.75/month. This historical tax amount is not a guarantee of the next tax bill. HOA is not reported on the listing; $0 is modeled and must be confirmed.
Both insurance amounts are assumptions, not quotes for this home. Taxes, insurance, HOA dues and special assessments can change. Maintenance and utilities are additional.
| Illustrated strategy | Months 1–12 Monthly total |
Months 13–360 Monthly total* |
|---|---|---|
| Baseline, no buydown | $4,675.56 | $4,675.56 |
| Shop insurance only | $4,625.56 | $4,625.56 |
| Funded 1-0 buydown only | $4,281.05 | $4,675.56 |
| Insurance shopping + funded 1-0 buydown | $4,231.05 | $4,625.56 |
*Totals include the tax and insurance allowances above, with no HOA or mortgage insurance in this illustration. Insurance-shopping rows use $300/month instead of $350. Escrow and other ownership costs are held constant only to isolate the comparison; the actual total payment can rise. The combined example increases by about $394.51/month after month 12 even if taxes and insurance do not change.
The contractual principal-and-interest payment is $3,991.81 for 360 months. With the modeled funded 1-0 buydown, the buyer pays $3,597.30 of principal and interest for the first 12 months, then $3,991.81 for months 13–360. A separate subsidy account supplies the first-year difference. The note rate remains 7.000%; the illustrative APR remains 7.050%. There is no balloon payment in this fully amortizing example.
APR is estimated using $597,000 of amount financed ($600,000 less $3,000 assumed prepaid finance charges) and the full scheduled note payments. The seller/lender-funded subsidy is not assumed to be a borrower-paid charge. Actual APR requires the actual fees and timing. The $150,000 down payment is not total cash to close: closing costs, prepaid interest, insurance and initial escrow funding are additional, less any approved credits. No credit or rate lock has been secured.
An ongoing expense to compare
Milestone shops homeowners insurance for clients. Replacing an assumed $4,200/year premium with a comparable $3,600/year quote would lower this worksheet by $50/month, or $600/year. These are demonstration inputs, not premiums quoted for 1595 S Downing Street.
With an older home, ask the insurer about the roof, electrical and plumbing systems, replacement-cost coverage and wind/hail deductibles. Compare equivalent protection. A cheaper policy with major exclusions or an unaffordable deductible may be a worse choice. Recheck premiums at renewal.
Temporary first-year assistance
The first-year buyer contribution is calculated using a payment equivalent to 6.000%, with the 7.000% note rate and 7.050% illustrative APR unchanged. Approximately $4,734 would need to be funded at closing to supply the first-year payment subsidy.
The buyer must qualify using the full note payment under applicable underwriting rules. A seller or lender must approve the funding, and the written buydown agreement controls. This is not a permanent rate reduction or an automatic benefit attached to this listing.
First-year relief is approximately $444.51/month: $394.51 in temporary subsidy plus $50 from the assumed insurance improvement. In month 13, the subsidy ends. Only the insurance difference remains, and only while the lower premium remains available. Review the complete payment schedule and assumptions above.
If a seller agreed to an eligible $5,000 closing-cost credit, about $4,734 could fund this illustrated 1-0 buydown, with the balance potentially available for other eligible closing costs. No such credit is advertised or approved for this property. An otherwise identical $5,000 price reduction, with 20% down, would reduce the loan by $4,000 and principal and interest by about $26.61/month over the loan term, while also lowering the down payment by $1,000. Compare the short-term cash-flow benefit with long-term loan costs and cash at closing.
Ask for an actual permanent-points quote and calculate the time needed to recover the upfront cost. No particular permanent rate reduction is assumed here. Lower-down-payment conventional or FHA options may preserve cash but can carry mortgage insurance and a larger payment. Your credit profile, reserves and intended ownership period matter. We will not assume a refinance later makes an unaffordable payment safe today.
Read about points and lender credits · Compare mortgage programs
Make the numbers yours
Property: 1595 S Downing Street, Denver, CO 80210 · MLS 4830709
Ask Michael for your own down-payment comparison, insurance-shopping help, temporary or permanent buydown options, or help confirming property details with the appropriate real estate professional. This address is prefilled in the message so your question stays tied to the home.
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The live listing showed $750,000 and Sunday, September 20, 2026, 10 a.m. to noon when checked September 15. Older cached pages may show a different price or date. Confirm the live listing before leaving; plans and availability can change.
No. These are hypothetical payment strategies. No seller credit, lender credit, free buydown or Milestone Listing Edge incentive has been approved for this property. Obtain written eligibility and funding terms.
The worksheet is one example, not a minimum down-payment requirement. Request a comparison using your savings and comfort level. Michael can review the loan amount, mortgage insurance, cash to close and current pricing together.
Sources and methodology: Live property listing on Smart Denver Home Search, checked September 15, 2026; listing courtesy of Cox Real Estate Group, MLS 4830709 via REcolorado/MLS GRID. Loan education: Fannie Mae temporary buydown guidance and CFPB points and lender credits guidance. Calculations use standard monthly amortization; displayed figures are rounded. The gallery displays selected photos from the listing feed, with the primary listing photo first. Photo rights remain with their respective owners. For current property information, contact listing agent Chelsea Thomas using the details above.
Michael Shotnik, Broker & Owner · NMLS 218281
Milestone Home Mortgage, LLC · NMLS 2588937 · Equal Housing Opportunity
2590 Welton St., Suite 200, Denver, CO 80205
A lower house payment starts with the decisions you make before you buy.
When mortgage rates stretch your budget, shopping for a home needs to include more than the asking price. We need to look at how you buy, which property you choose and every meaningful expense that will go into your monthly payment.
Every...
Michael and Melissa are always a pleasure to work with. They are extremely responsive, professional and work hard to get the best loan for us. I would recommend Colorado Mortgage to anyone. Thank you for another great experience!
Milestone Home Mortgage LLC NMLS #2588937. Michael Shotnik NMLS: 218281, CO License: 100017466. Not licensed in Alaska or New York. To check license status of mortgage loan originator, visit D.O.R.A. and NMLS consumer access.
