Laura Jewett

Laura Jewett

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$400,000

($66,547 down)
FHA

627 E Lancaster Boulevard, Lancaster, CA 93535

4
2
1,227 sqft
PITI Monthly
$2,347.81 /mo

Listing courtesy of: TERESA CONTRERAS, PONCE & PONCE REALTY, INC

Assumed Rate

2.96%
7.15%

Principal & Interest

$1,524 /mo
$2,454 /mo

What's Special

SPACIOUS
RENOVATED

Welcome to your future home! This spacious four-bedroom, two-bath home offers comfort and a welcoming layout. A new HVAC was installed in 2021, and the home was fully renovated in 2021 with new exterior and interior paint, new carpet, new flooring in the kitchen and bathrooms, and new white kitchen cabinets with sleek quartz countertops, creating a contemporary space for cooking. Don’t miss out on this amazing property.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
2.96
Remaining Loan Term
26 years, 3 months
Monthly PITI
$2,347.81/mo
Estimated Loan Balance
$347,508
Cash to close
$66,547
Interest Paid
$38,736

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
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: Unknown
Condition
  • Year Built: 1957
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: StreetLights, Suburban, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Lancaster

Financial Details

  • Price per Sqft: $326
  • Tax Annual Amount: $5000
  • On Market Date: 2025-03-22T00:00:00.000Z
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 $66,547 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $66,547!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$333,453
Your Cash$66,547
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$1,524/mo
Traditional @ 7.5%
$2,545/mo
You save $1,021/month ($12,256/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG25052654

Listing From:

Last updated: 2025-03-30T00:51:09.000Z

© , 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

2.96%
7.15%

Principal & Interest

$1,524 /mo
$2,454 /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 $66,547 (17%)
You can enter any amount below - secondary financing will cover the difference if needed.
17%
$

You cover the entire equity of $66,547!

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

Loan Breakdown

Assumed Mortgage2.96% Sellers Rate
$333,453
Your Cash$66,547
Total Purchase Price:$400,000

Assumed vs Traditional Mortgage

Assumed @ 2.96%
$1,524/mo
Traditional @ 7.5%
$2,545/mo
You save $1,021/month ($12,256/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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