Laura Jewett

Laura Jewett

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Closed

$719,999

($338,478 down)
FHA

16619 Colonial Drive, Fontana, CA 92336

4
3
2,395 sqft
PITI Monthly
$2,300.19 /mo

Listing courtesy of: Anibal Gonzalez, RE/MAX TIME REALTY

Assumed Rate

3.45%
7.15%

Principal & Interest

$1,798 /mo
$2,721 /mo

What's Special

SHOPPING

Honey stop the car this is it. Come see this lovely two story home located in the prestigious community of Sierra Lakes. Home is located right behind the 9th hole and just walking distance from the club house to have a nice lunch or just relax. Home offers three nice sized bedrooms and two and a half bathrooms with a loft and potential 4 bedroom, and a separate formal and dinning room and a huge family room and kitchen. Home is located close to shopping and medical close to the 210 fwy. this one wont last.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.45
Remaining Loan Term
26 years, 11 months
Monthly PITI
$2,300.19/mo
Estimated Loan Balance
$443,406
Cash to close
$338,478
Interest Paid
$41,595

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Frame
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Vinyl

Exterior

Fencing
  • Fencing: ExcellentCondition, WroughtIron
Roof
  • Roof: Tile
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: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Frame
  • Roof: Tile
Condition
  • Year Built: 2002
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Biking, Curbs, DogPark, Golf, Gutters, Park, StormDrains, StreetLights, Suburban, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Fontana

Financial Details

  • Price per Sqft: $300.63
  • Tax Annual Amount: $
  • On Market Date: 2024-10-17T00:00:00.000Z
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 $338,478 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $338,478!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$381,521
Your Cash$338,478
Total Purchase Price:$719,999

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,798/mo
Traditional @ 7.5%
$2,823/mo
You save $1,025/month ($12,297/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24215526

Listing From:

Last updated: 2024-12-06T02:33:48.000Z

© , 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

$1,798 /mo
$2,721 /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 $338,478 (47%)
You can enter any amount below - secondary financing will cover the difference if needed.
47%
$

You cover the entire equity of $338,478!

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

Loan Breakdown

Assumed Mortgage3.45% Sellers Rate
$381,521
Your Cash$338,478
Total Purchase Price:$719,999

Assumed vs Traditional Mortgage

Assumed @ 3.45%
$1,798/mo
Traditional @ 7.5%
$2,823/mo
You save $1,025/month ($12,297/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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