1919 Franklin
FHA Assumable
3.72% Rate
50 photos
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1919 Franklin

Colorado Springs, CO 80905

0
Bedrooms
0
Bathrooms
760
Sq Ft

Payment Calculator

$1,946per 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?$15,750
$15,750$125,324
Secondary Financing8.5% Rate
$109,574
Blended rate5.22% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,891/mo
Assumable @ 3.72% + gap
$1,946/mo
$0
per month
$0
per year
$0
over 30 years

🏦 Loan Details

List Price
$315,000
Assumable Rate
3.72%
Remaining Balance
$239,047
Loan Type
FHA
Est. Equity Gap
$125,324
Annual Taxes
$955

About This Home

Welcome to this well-maintained Colorado Springs residence offering comfort, functionality, and convenient access to everything the area has to offer. This inviting home presents an excellent opportunity for buyers seeking move-in ready condition with important system updates already completed.\r \r The interior features a bright, functional layout with natural light filling the living spaces, creating a warm atmosphere for relaxing and entertaining. The kitchen provides practical workspace and storage, while the living and dining areas offer good flow for daily routines. The bedrooms are comfortable and flexible for family, guests, or home office use, and the bathroom layout is designed for convenience.\r \r Outside, enjoy private yard space, storage shed , swing gates for equipment and more along with a deck that provides a nice spot for morning coffee, grilling, or evening relaxation.\r \r Recent updates provide peace of mind and added value, including a new furnace installed last year, roof replacement in 2021, and water heater updated in 2020. These improvements help make this home an excellent value while reducing the need for immediate major expenses.\r \r The location offers convenient access to shopping, dining, schools, parks, and commuter routes, with easy connections to downtown Colorado Springs, Fort Carson, and outdoor recreation opportunities. This property could also serve as a solid investment opportunity for rental income.\r \r With its combination of thoughtful updates, comfortable living spaces, and desirable location, this home is ready to welcome its next owner. Schedule your showing today to see what this property 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
$315,000
3.72% rateFHASave $894/mo

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