Dan Kaercher

Dan Kaercher

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$529,900

($68,447 down)
FHA

1622 Summertime Dr, El Cajon, CA 92021

3
1
1,035 sqft
PITI Monthly
$3,945.9 /mo

Listing courtesy of: Victoria Sandoval, Select Premier Properties

Assumed Rate

6.54%
7.15%

Principal & Interest

$2,991 /mo
$3,183 /mo

What's Special

LOCATION
SHOPPING
ENTERTAINMENT
DINING
SPACIOUS
MODERN
STAINLESS STEEL APPLIANCES
HOME OFFICE
PATIO
LOW HOA FEES

This beautifully updated three-bedroom, one-bathroom home in El Cajon offers modern finishes, an open-concept layout, and a prime location. The spacious living area features natural light, wood-style flooring, and a seamless flow into the kitchen. The kitchen is designed with quartz countertops, European-style cabinetry, stainless steel appliances, and elegant pendant lighting over a large island. The primary bedroom offers a peaceful retreat with ample space, while the additional bedrooms provide flexibility for a home office or guest space. The updated bathroom showcases contemporary finishes, a stylish vanity, and a sleek glass-enclosed shower. Step outside to a private patio, perfect for outdoor dining or relaxation. This home is located in a well-maintained community with a sparkling pool, lush landscaping, and low HOA fees. Conveniently situated right off the freeway, this property offers easy access to shopping, dining, and entertainment, making it an ideal home for comfort and convenience.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.54
Remaining Loan Term
28 years, 1 months
Monthly PITI
$3,945.9/mo
Estimated Loan Balance
$462,398
Cash to close
$68,447
Interest Paid
$58,472

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 1
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Electric, ForcedAir
Features
  • Materials: Stucco
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Partial
Roof
  • Roof: CommonRoof
Parking
  • Garage: Yes
  • Garage Spaces: 1
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Unknown
  • Water Source: Unknown
Pool
  • Has Pool: No
  • Pool Features: Community

Construction

Type & Style
  • Stories: 1
  • Home type: Condominium
  • Architectural Style: Unknown
Materials
  • Stucco
  • Roof: CommonRoof
Condition
  • Year Built: 1974
Details
  • Builder:

Community & HOA

Community
  • Subdivision: El Cajon
  • Features: Pool
HOA
  • Has HOA: Yes
  • HOA Name: Pernicano
  • HOA Amenities: Unknown
  • HOA Fee: $500
  • HOA Frequency: $Monthly
Location
  • Region: El Cajon

Financial Details

  • Price per Sqft: $511.98
  • Tax Annual Amount: $6623.75
  • On Market Date: 2025-02-25T00:00:00.000Z
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 $68,447 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $68,447!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$461,453
Your Cash$68,447
Total Purchase Price:$529,900

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$2,991/mo
Traditional @ 7.5%
$3,302/mo
You save $311/month ($3,726/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 250019869SD

Listing From:

Last updated: 2025-03-12T21:47:57.000Z

© , 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

6.54%
7.15%

Principal & Interest

$2,991 /mo
$3,183 /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 $68,447 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $68,447!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$461,453
Your Cash$68,447
Total Purchase Price:$529,900

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$2,991/mo
Traditional @ 7.5%
$3,302/mo
You save $311/month ($3,726/year)

*Secondary financing rates are an estimated value based on input

Follow Us
Your Home Sold Guaranteed Realty
Agent/Broker
Dan KaercherYour Home Sold Guaranteed Realty(480) 202-1789Dankaercher@state48livin.comMLS SA677983000

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