7895 Martin Luther King
FHA Assumable
2.94% Rate
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7895 Martin Luther King

Denver, CO 80238

3
Bedrooms
3
Bathrooms
1,222
Sq Ft

Payment Calculator

$1,528per 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?$15,777
$15,777$94,465
Secondary Financing8.5% Rate
$78,688
Blended rate4.40% vs 6.5%
Monthly Payment Comparison
Conventional @ 6.5%
$1,895/mo
Assumable @ 2.94% + gap
$1,528/mo
$367less per month
$367
per month
$4,402
per year
$132,071
over 30 years

🏦 Loan Details

List Price
$315,530
Assumable Rate
2.94%
Remaining Balance
$220,553
Loan Type
FHA
Est. Equity Gap
$94,465
Annual Taxes
$2,281
HOA/mo
$160

About This Home

Welcome to 7895 E Martin Luther King Jr Blvd in Denver’s highly sought-after Central Park neighborhood—where modern design meets everyday convenience.\r \r Step inside this thoughtfully designed 3-bedroom, 3-bath home offering over 1,200 square feet of functional living space, perfect for both relaxing and entertaining. The open-concept layout flows seamlessly from the living area into the kitchen, creating a bright and inviting atmosphere ideal for hosting or unwinding after a long day.\r \r Enjoy the benefits of low-maintenance living with an attached garage, central air, and a well-managed HOA—giving you more time to enjoy everything the area has to offer.\r \r Located in the heart of Central Park, you’re just minutes from parks, trails, top-rated schools, shopping, dining, and quick access to downtown Denver and DIA—making this home perfect for both lifestyle and convenience.\r \r As part of Denver’s Affordable Housing Program, income guidelines apply based on household size. This is a fantastic opportunity for qualified buyers to own in one of Denver’s most desirable communities at an accessible price point. Buyer must fit the following income guidelines based on household size. Family of 1: Income must be above for Family of 1: $49,050 and below $98,100; Family of 2: above $56,050 and below $112,100; Family of 3: above $63,050 and below $126,100; Family of 4: above $70,000 and below $140,100; Family of 5: Income must be above $75,700 and below $151,400.\r \r Whether you're a first-time buyer or looking for a smart move into a growing neighborhood, this home delivers value, location, and opportunity.

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
$315,530
2.94% rateFHASave $842/mo

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