3435 Franklin
FHA Assumable
2.88% Rate
50 photos
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3435 Franklin

Denver, CO 80205

4
Bedrooms
2
Bathrooms
1,400
Sq Ft

Payment Calculator

$2,469per 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?$29,250
$29,250$76,235
Secondary Financing8.5% Rate
$46,985
Blended rate3.36% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$3,513/mo
Assumable @ 2.88% + gap
$2,469/mo
$1,044less per month
$1,044
per month
$12,526
per year
$375,781
over 30 years

🏦 Loan Details

List Price
$585,000
Assumable Rate
2.88%
Remaining Balance
$507,662
Loan Type
FHA
Est. Equity Gap
$76,235
Annual Taxes
$3,236
HOA/mo
$450

About This Home

FHA Assumable loan available with a 2.45% rate! Welcome to this charming, updated 4-bedroom 2-bathroom brick home in Denver’s sought-after Cole neighborhood, blending character with thoughtful modern updates throughout. Rich hardwood floors lead into an inviting living space and a beautifully updated kitchen featuring quartz countertops, a sleek backsplash, new tile flooring, stylish cabinetry, pantry storage, and an eat-in dining area with updated lighting. The home offers a functional layout with flexible bedroom space, including an upstairs converted attic bedroom with vaulted ceilings and built-in storage that works perfectly as a bedroom, office, or studio. Outside, enjoy a fenced backyard with a storage shed and a charming covered front porch, while ADU zoning adds exciting potential for additional living space or rental income. Rear alley access provides ample parking and future garage opportunities. Ideally located near Denver favorites like Movement RiNo, Zeppelin Station, Denver Central Market, Mission Ballroom, Cervantes’, and the vibrant RiNo Art District, with easy access to light rail, bus routes, parks, schools, and bike paths, this is a rare opportunity to own a character-filled, updated home in one of the city’s most dynamic neighborhoods.

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
$585,000
2.88% rateFHASave $1,189/mo

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