Laura Jewett

Laura Jewett

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$539,999

($44,491 down)
FHA

1886 Morro Court, Los Banos, CA 93635

3
2
1,815 sqft
PITI Monthly
$4,208.23 /mo

Listing courtesy of: Rosa Romo, Berkshire Hathaway HomeServices Drysdale Prop

Assumed Rate

6.36%
7.15%

Principal & Interest

$3,119 /mo
$3,382 /mo

What's Special

SPACIOUS
MODERN
GRANITE COUNTERTOPS
WALK-IN CLOSET
CHARMING

Welcome to this charming 3-bedroom, 2-bathroom home located in the vibrant city of Los Banos. This 1,815 sq ft residence offers a spacious kitchen equipped with modern amenities including a gas cooktop, granite countertops, dishwasher, exhaust fan, garbage disposal, hood over range, island with sink, microwave, oven range, pantry, refrigerator, A/C, master bedroom with big walk-in closet. The kitchen flows seamlessly into the family room, creating an inviting space perfect for gatherings. The home is situated on a spacious 8,689 sq ft corner lot with a big back yard.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.36
Remaining Loan Term
28 years, 10 months
Monthly PITI
$4,208.23/mo
Estimated Loan Balance
$496,971
Cash to close
$44,491
Interest Paid
$36,927

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Stone, Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

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

Construction

Type & Style
  • Stories: 1
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Stone, Stucco
  • Roof: Tile
Condition
  • Year Built: 2023
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Los Banos

Financial Details

  • Price per Sqft: $297.52
  • Tax Annual Amount: $6749.99
  • On Market Date: 2025-01-16T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $44,491 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $44,491!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$495,508
Your Cash$44,491
Total Purchase Price:$539,999

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$3,119/mo
Traditional @ 7.5%
$3,383/mo
You save $264/month ($3,167/year)

*Secondary financing rates are an estimated value based on input

MLS ID: ML81990666

Listing From:

Last updated: 2025-03-27T03:03:48.000Z

© , 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

6.36%
7.15%

Principal & Interest

$3,119 /mo
$3,382 /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 $44,491 (8%)
You can enter any amount below - secondary financing will cover the difference if needed.
8%
$

You cover the entire equity of $44,491!

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

Loan Breakdown

Assumed Mortgage6.36% Sellers Rate
$495,508
Your Cash$44,491
Total Purchase Price:$539,999

Assumed vs Traditional Mortgage

Assumed @ 6.36%
$3,119/mo
Traditional @ 7.5%
$3,383/mo
You save $264/month ($3,167/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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