Laura Jewett

Laura Jewett

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$478,900

($75,061 down)
FHA

13784 Red Mahogany Drive, Moreno Valley, CA 92553

2
1
906 sqft
PITI Monthly
$2,858.04 /mo

Listing courtesy of: Marco Hernandez, Realty One Group West

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,893 /mo
$2,865 /mo

What's Special

First time home buyer featuring 2 Bedrooms 1 Bath in Moreno Valley, nice size living room with fire place, property has high ceiling, two car garage with plenty space on the driveway and can fit up to 4 cars and enough space for an RV access, double pane windows throughout the house and new shutters, ceiling fan on each room, newer water heater, the house is a corner lot. The back yard is perfect for a barbecue and family reunion. ready for a new family

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$2,858.04/mo
Estimated Loan Balance
$404,569
Cash to close
$75,061
Interest Paid
$43,788

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Carpet

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Composition
Condition
  • Year Built: 1985
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Suburban
HOA
  • Has HOA: No
Location
  • Region: Moreno Valley

Financial Details

  • Price per Sqft: $528.59
  • Tax Annual Amount: $5986.25
  • On Market Date: 2024-08-22T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $75,061 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $75,061!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$403,839
Your Cash$75,061
Total Purchase Price:$478,900

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,893/mo
Traditional @ 7.5%
$2,972/mo
You save $1,079/month ($12,945/year)

*Secondary financing rates are an estimated value based on input

MLS ID: PW24173936

Listing From:

Last updated: 2024-12-05T05:18:44.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,893 /mo
$2,865 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $75,061 (16%)
You can enter any amount below - secondary financing will cover the difference if needed.
16%
$

You cover the entire equity of $75,061!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$403,839
Your Cash$75,061
Total Purchase Price:$478,900

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,893/mo
Traditional @ 7.5%
$2,972/mo
You save $1,079/month ($12,945/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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