Dan Kaercher

Dan Kaercher

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Closed

$250,000

($72,282 down)
FHA

407 Tyler Street, Hastings, MN 55033

4
2
1,568 sqft
PITI Monthly
$1,316.96 /mo

Listing courtesy of: , eXp Realty

Assumed Rate

3.16%
7.15%

Principal & Interest

$836 /mo
$1,312 /mo

What's Special

LOCATION
DINING
SPACIOUS
HISTORIC
CHARMING
COZY
AFFORDABLE

Discover this affordable gem, a perfect starter home just a stone's throw from the historic heart of Hastings. This delightful residence boasts four bedrooms and two bathrooms, offering plenty of space for growth. You'll love the charming architectural arches, spacious kitchen, inviting dining room, and cozy living room. Don't miss your chance to own this lovely home with the ideal downtown location!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.16
Remaining Loan Term
25 years, 5 months
Monthly PITI
$1,316.96/mo
Estimated Loan Balance
$187,636
Cash to close
$72,282
Interest Paid
$26,810

Facts & Features

Interior

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

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Asphalt
Parking
  • Garage: No
  • Garage Spaces: 0
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding, Wood Siding
  • Roof: Asphalt
Condition
  • Year Built: 1880
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Town Of Hastings
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Hastings

Financial Details

  • Price per Sqft: $159.44
  • Tax Annual Amount: $2320
  • On Market Date: 2024-07-31T00:00:00.000Z
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 $72,282 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $72,282!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$177,718
Your Cash$72,282
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$836/mo
Traditional @ 7.5%
$1,361/mo
You save $525/month ($6,302/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6539436

Listing From: northstar

Last updated: 2024-08-04T16:04:02.000Z

© , 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

3.16%
7.15%

Principal & Interest

$836 /mo
$1,312 /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 $72,282 (29%)
You can enter any amount below - secondary financing will cover the difference if needed.
29%
$

You cover the entire equity of $72,282!

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

Loan Breakdown

Assumed Mortgage3.16% Sellers Rate
$177,718
Your Cash$72,282
Total Purchase Price:$250,000

Assumed vs Traditional Mortgage

Assumed @ 3.16%
$836/mo
Traditional @ 7.5%
$1,361/mo
You save $525/month ($6,302/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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