Laura Jewett

Laura Jewett

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Closed

$176,500

($71,902 down)
FHA

620 Charlotte Street SE, Willmar, MN 56201

4
2
1,190 sqft
PITI Monthly
$891.03 /mo

Listing courtesy of: , Central MN Realty LLC

Assumed Rate

3.7%
7.15%

Principal & Interest

$532 /mo
$780 /mo

What's Special

PATIO

4 bedroom home with huge partially fenced in backyard! Great starter home with 2 bedrooms, updated kitchen, living room and full bath on main level. 2 more bedrooms and area perfect for a reading nook on the upper level. Lower level features laundry, 2nd bath and an unfinished area for family room, exercise or office space. 1 stall detached garage, patio and massive backyard for children, pets, entertaining or future expansion. Appliances can stay with the home and all under 5 years old. This move in ready home has many updates but with room to further improve to build equity. Sellers are willing to contribute to assessment and offering a 14-month Home Warranty!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.7
Remaining Loan Term
24 years, 9 months
Monthly PITI
$891.03/mo
Estimated Loan Balance
$113,738
Cash to close
$71,902
Interest Paid
$21,313

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial, Wood
Roof
  • Roof: Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Asphalt
Condition
  • Year Built: 1950
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Ferrings 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Willmar

Financial Details

  • Price per Sqft: $148.32
  • Tax Annual Amount: $1530
  • On Market Date: 2024-10-03T00:00:00.000Z
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 $71,902 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $71,902!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$104,598
Your Cash$71,902
Total Purchase Price:$176,500

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$532/mo
Traditional @ 7.5%
$809/mo
You save $278/month ($3,331/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6612469

Listing From: northstar

Last updated: 2024-12-13T20:45:02.000Z

© , northstar. 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

3.7%
7.15%

Principal & Interest

$532 /mo
$780 /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 $71,902 (41%)
You can enter any amount below - secondary financing will cover the difference if needed.
41%
$

You cover the entire equity of $71,902!

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

Loan Breakdown

Assumed Mortgage3.7% Sellers Rate
$104,598
Your Cash$71,902
Total Purchase Price:$176,500

Assumed vs Traditional Mortgage

Assumed @ 3.7%
$532/mo
Traditional @ 7.5%
$809/mo
You save $278/month ($3,331/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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