Dan Kaercher

Dan Kaercher

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$335,000

($19,631 down)
VA

424 Terning Way, Howard Lake, MN 55349

3
2
1,883 sqft
PITI Monthly
$2,502.62 /mo

Listing courtesy of: , Keller Williams Classic Realty

Assumed Rate

6.54%
7.15%

Principal & Interest

$2,042 /mo
$2,173 /mo

What's Special

LOCATION
FRESH PAINT
ENTERTAINMENT
VAULTED CEILINGS
WALK-IN CLOSET

Only availble due to a change in military orders! Discover this nearly new home in a delightful town, featuring impressive vaulted ceilings on the main level that create an airy, open atmosphere. The kitchen is well appointed with a granite topped center island & stainless appliances. The primary bedroom boasts both a walk-in closet & a private bathroom. All bedrooms are freshly painted & conveniently all on one level. The stylish custom family room (fresh paint here as well) is designed for both comfort and entertainment & offers walkout access to a large, fully fenced, flat backyard—perfect for gatherings or relaxing! You have ample space for a garden, the kids to run, playing sports & exercising your pup! Nice treed view too! Situated just a 5-minute walk to a public park & boat launch! Enjoy 'Lake Life' without the lakeside taxes. This lovely home is situated on one of the best lots in the develpement & is an ideal retreat for outdoor enthusiasts. The large garage is finished & heated with a bonus lockable storage room! Space for a future 3rd bathroom in lower level if you choose.This idylic location provides small town tranquility, charm, lake life & so much more! The annual Wright County Fair, trails & preserves are close by. Easy access to freeway(s) means Minneapolis is less than an hour away. Don't miss out on this exceptional find!

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
6.54
Remaining Loan Term
28 years, 1 months
Monthly PITI
$2,502.62/mo
Estimated Loan Balance
$316,011
Cash to close
$19,631
Interest Paid
$39,921

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • 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: Chain Link, Full
Roof
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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
  • Roof: Age 8 Years or Less, Asphalt, Pitched
Condition
  • Year Built: 2020
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Turning Trails 2
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Howard Lake

Financial Details

  • Price per Sqft: $177.91
  • Tax Annual Amount: $3724
  • On Market Date: 2025-01-16T00:00:00.000Z
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 $19,631 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $19,631!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$315,369
Your Cash$19,631
Total Purchase Price:$335,000

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$2,042/mo
Traditional @ 7.5%
$2,254/mo
You save $212/month ($2,544/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6650655

Listing From: northstar

Last updated: 2025-04-03T16:10:04.000Z

© , 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

6.54%
7.15%

Principal & Interest

$2,042 /mo
$2,173 /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 $19,631 (6%)
You can enter any amount below - secondary financing will cover the difference if needed.
6%
$

You cover the entire equity of $19,631!

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

Loan Breakdown

Assumed Mortgage6.54% Sellers Rate
$315,369
Your Cash$19,631
Total Purchase Price:$335,000

Assumed vs Traditional Mortgage

Assumed @ 6.54%
$2,042/mo
Traditional @ 7.5%
$2,254/mo
You save $212/month ($2,544/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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