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$218,000 SIGNIN

Sign in to see required down payment for the 2.8% rate

1280 W Peachtree St NW Apt 2302 # 2302, Atlanta, GA 30309

1 beds · 1 baths · 625 sqft

Executive style north facing in the perfect midtown location with Buckhead AND Atlantic Station views! Enjoy this BRIGHT well-kept home with panoramic windows throughout, a large living/dining area, galley style kitchen, and private bedroom with walk in closet. Endless amenities include a clubhouse, internet cafe, Olympic pool and sundeck with cabanas, fitness center, sauna, billiards room, jogging track, basketball court, tennis court, racquetball court, abundance of parking both assigned and unassigned, storage units available, 24-hour concierge, package acceptance, and more! Rental lottery available with HOA approval. Make this home yours today and gain instant equity with new multi-million-dollar Midtown Union development build next door. Centrally located with walking distance to Whole Foods and Piedmont Park; and within minutes to MARTA, I-75, entertainment, shopping, restaurants, and more! 1280 West is where location luxury meets Midtown's vibrant lifestyle. Rising 40 stories above Atlanta's bustling streets, this premier high-rise is one of the tallest residential buildings in Midtown, offering breathtaking city views and an unparalleled living experience. Located at the corner of West Peachtree Street and 16th Street, 1280 West places you at the center of it all-just steps from Piedmont Park, the Atlanta Botanical Gardens, and the High Museum of Art. Enjoy a night out at the Fox Theatre, 14th Street Playhouse, or one of Midtown's renowned restaurants and lively bars. With easy access to Buckhead, Virginia Highlands, MARTA, and major highways (I-75 & I-85), getting anywhere in Atlanta is a breeze. But with world-class amenities at your doorstep, you may never want to leave. Start your day with a refreshing swim in the full-sized lap pool, a run on the outdoor track, or a workout in the state-of-the-art fitness center. Challenge friends to a game of basketball, tennis, or racquetball, then unwind in the steam rooms and tanning facilities. When it's time to entertain, the Club Room offers the perfect space to host gatherings, watch a movie on the plasma screen TV, or engage in friendly competition over billiards and video games. Need to get work done? The high-tech business and conference center is always ready for you. Step inside to elegance and style, starting with a redesigned lobby featuring a grand piano, sleek elevator cabs, on-site management, and valet service. At 1280 West, you don't just live-you thrive. Experience Midtown's finest high-rise living with unmatched convenience, luxury, and lifestyle. You and 1280 West-the perfect fit.

Estimated
Seller's interest rate
2.8%
7%
Estimated
Monthly payment

$1,229
$1,639
You may also save up to $129,629 in total interest paid.

Learn about how it works

Why Roam


Gap financing to lower your down payment

Unlock down payments as low as 5% – only with Roam

5x the likelihood your offer is accepted

If a purchase takes longer than 45 days, we’ll cover the seller’s mortgage until you close

Close faster and stress-free

We close 2x faster because of our deep experience and lender relationships

Rates and payments are estimates based on public records.

Financials
Seller’s estimated current equity is SIGNIN
To assume this mortgage you must cover the seller’s equity by using your cash or by combining your cash with gap financing.
Estimated $1,639 monthly payment

Financed
SIGNIN
Location
Loan details
Loan type
FHA
Rate
2.8%
Remaining term
26 yrs and 4 mos
Remaining balance

Source: Public records

Monthly payment

All values shown are estimated costs / mo.

Total
$1,229
Principal & interest
$746
Mortgage insurance
$128
Property taxes
$205
Home insurance
$116
HOA fees
$33
Utilities
Not included

Source: Public records

Home details
Size
625 sqft
Lot size
0.014 acres
Year built
1989
Type
Condominium
HOA dues
$33.25

Source: GAMLS #10469029

Qualify

To qualify, you must meet the current FHA or VA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50%. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

FHA (Federal Housing Administration) loans

FHA loans require the buyer to assume the mortgage as a primary residence.

VA (Veteran's Affairs) loans

You don't have to be a veteran to assume a VA loan. However, not all veterans are willing to let a non veteran assume their mortgage. Roam confirms the seller's willingness prior to you making an offer.

Investors

You may be able to assume a VA mortgage as an investor without it being your primary residence.

Resources
Frequently asked questions

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 620, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

View all FAQs
Last updated: Apr 22, 2025 08:23 am
Listing agent: Rashida Jackson (617) 652-0122
Listing provided courtesy of:
Details provided by GAMLS and may not match the public record.
MLS ID: #10469029
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Copyright © 2025 GAMLS. All rights reserved.
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