Dan Kaercher

Dan Kaercher

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$425,000

($89,589 down)
FHA

191 Mono Lake Court, Merced, CA 95341

4
2
1,797 sqft
PITI Monthly
$2,980.44 /mo

Listing courtesy of: Maite Tapia, Exit Realty Consultants

Assumed Rate

6.81%
7.15%

Principal & Interest

$2,231 /mo
$2,309 /mo

What's Special

SHOPPING
MODERN
STAINLESS STEEL APPLIANCES

This well-maintained 4-bed, 2-bath home sits on a desirable corner lot near Gateway Shopping Center and Campus Parkway. Enjoy modern features like stainless steel appliances and tile flooring, possible RV Access, plus a backyard with fruit trees, including orange, lemon, and pomegranates. Conveniently located in a great neighborhood near elementary, middle, and high schools, with easy freeway access. Don’t miss out!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.81
Remaining Loan Term
28 years, 3 months
Monthly PITI
$2,980.44/mo
Estimated Loan Balance
$336,383
Cash to close
$89,589
Interest Paid
$40,384

Facts & Features

Interior

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

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: 2018
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Merced

Financial Details

  • Price per Sqft: $236.51
  • Tax Annual Amount: $5312.5
  • On Market Date: 2025-03-26T00:00:00.000Z
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 $89,589 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $89,589!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$335,411
Your Cash$89,589
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,231/mo
Traditional @ 7.5%
$2,395/mo
You save $164/month ($1,969/year)

*Secondary financing rates are an estimated value based on input

MLS ID: MC25066310

Listing From:

Last updated: 2025-04-02T20:04:23.000Z

© , 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

6.81%
7.15%

Principal & Interest

$2,231 /mo
$2,309 /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 $89,589 (21%)
You can enter any amount below - secondary financing will cover the difference if needed.
21%
$

You cover the entire equity of $89,589!

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

Loan Breakdown

Assumed Mortgage6.81% Sellers Rate
$335,411
Your Cash$89,589
Total Purchase Price:$425,000

Assumed vs Traditional Mortgage

Assumed @ 6.81%
$2,231/mo
Traditional @ 7.5%
$2,395/mo
You save $164/month ($1,969/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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