Dan Kaercher

Dan Kaercher

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$300,000

($195,066 down)
FHA

427 N 8th Street, Banning, CA 92220

2
1
768 sqft
PITI Monthly
$1,214.28 /mo

Listing courtesy of: Abel Coss, COSS REALTY & LOANS

Assumed Rate

3.67%
7.15%

Principal & Interest

$611 /mo
$900 /mo

What's Special

LOCATION
DINING
PATIO

Great 2-bedroom 1 bath starter home, clean, recently painted inside and outside and ready for new owners. This home is in a good location, with easy access to 10 FWY, local Hospital, and other amenities. This house has a large living room adjacent to the dining area. New vinyl flooring throughout the house. There are plenty of windows, 2 security doors one on the front entrance and one on the rear entrance next to a covered service porch right off the kitchen/laundry room area with easy access to the backyard and patio area. Two good-sized bedrooms with window A/C units and a large backyard with RV Access and a chain-link fence all around the property. This property has great potential!!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.67
Remaining Loan Term
20 years, 0 months
Monthly PITI
$1,214.28/mo
Estimated Loan Balance
$106,371
Cash to close
$195,066
Interest Paid
$43,861

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 2
  • Bathrooms: 1
Cooling & Heating
  • Cooling: WallWindowUnits
  • Heating: WallFurnace
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Laminate

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: No
  • Garage Spaces: 0
  • 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: 1947
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Other
  • Features: Suburban
HOA
  • Has HOA: No
Location
  • Region: Banning

Financial Details

  • Price per Sqft: $390.63
  • Tax Annual Amount: $3750
  • On Market Date: 2024-11-09T00:00:00.000Z
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.

Apply now

Savings Calculator

Current cash to close is $195,066 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $195,066!

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

Loan Breakdown

Assumed Mortgage3.67% Sellers Rate
$104,934
Your Cash:$195,066
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.67%
$611/mo
Traditional @ 7.5%
$933/mo
You save $322/month ($3,869/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV24231220

Listing From:

Last updated: 2025-02-23T02:56:59.000Z

© , 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

3.67%
7.15%

Principal & Interest

$611 /mo
$900 /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 $195,066 (65%)
You can enter any amount below - secondary financing will cover the difference if needed.
65%
$

You cover the entire equity of $195,066!

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

Loan Breakdown

Assumed Mortgage3.67% Sellers Rate
$104,934
Your Cash:$195,066
Total Purchase Price:$300,000

Assumed vs Traditional Mortgage

Assumed @ 3.67%
$611/mo
Traditional @ 7.5%
$933/mo
You save $322/month ($3,869/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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