Laura Jewett

Laura Jewett

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$399,000

($206,371 down)
FHA

162 Paseo Bravo, Palm Desert, CA 92211

2
2
1,602 sqft
PITI Monthly
$1,704.95 /mo

Listing courtesy of: Elaine Stewart, RE/MAX All-Pro

Assumed Rate

3.61%
7.15%

Principal & Interest

$986 /mo
$1,463 /mo

What's Special

GATED COMMUNITY
DINING
SPACIOUS
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
FITNESS CENTER

Open and spacious Carriage unit - type plan all on one level! The large kitchen features granite countertops, stainless steel appliances and lotsa room to move around. The open living and dining rooms look out to the community and are great for entertaining. There is a laundry room inside the condo for convenience. Two bedrooms and two baths complete this unit. There's even a 2 car attached garage with direct access into the house.Many amenities are available for you to enjoy in the gated community of Spanish Walk. There are three resort style pools, fitness center, billiards table, fully equipped kitchen in the club house and more! Super close to Acrisure Arena, college campuses and easy access to I-10. Electric company is IID Which can be a great savings.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.61
Remaining Loan Term
24 years, 7 months
Monthly PITI
$1,704.95/mo
Estimated Loan Balance
$223,274
Cash to close
$206,371
Interest Paid
$40,122

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: ForcedAir
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: Yes
  • Pool Features: Community, InGround

Construction

Type & Style
  • Stories: 2
  • Home type: Condominium
  • Architectural Style: Spanish
Materials
  • Stucco
  • Roof: Tile
Condition
  • Year Built: 2008
Details
  • Builder: D R Horton

Community & HOA

Community
  • Subdivision: Spanish Walk
  • Features: Gated, Pool
HOA
  • Has HOA: Yes
  • HOA Name: Spanish Walk
  • HOA Amenities: Unknown
  • HOA Fee: $320
  • HOA Frequency: $Monthly
Location
  • Region: Palm Desert

Financial Details

  • Price per Sqft: $249.06
  • Tax Annual Amount: $4987.5
  • On Market Date: 2025-04-02T00:00:00.000Z
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 $206,371 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $206,371!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$192,629
Your Cash:$206,371
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$986/mo
Traditional @ 7.5%
$1,517/mo
You save $531/month ($6,378/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 219127724DA

Listing From:

Last updated: 2025-04-03T01:38:44.000Z

© , 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

3.61%
7.15%

Principal & Interest

$986 /mo
$1,463 /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 $206,371 (52%)
You can enter any amount below - secondary financing will cover the difference if needed.
52%
$

You cover the entire equity of $206,371!

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

Loan Breakdown

Assumed Mortgage3.61% Sellers Rate
$192,629
Your Cash:$206,371
Total Purchase Price:$399,000

Assumed vs Traditional Mortgage

Assumed @ 3.61%
$986/mo
Traditional @ 7.5%
$1,517/mo
You save $531/month ($6,378/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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