Dan Kaercher

Dan Kaercher

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Closed

$237,500

($136,574 down)
FHA

550 Johnson Avenue SW, Cokato, MN 55321

5
2
1,856 sqft
PITI Monthly
$1,139.33 /mo

Listing courtesy of: , Jason Mitchell Group

Assumed Rate

4.37%
7.15%

Principal & Interest

$656 /mo
$888 /mo

What's Special

MASTER SUITE
QUIET NEIGHBORHOOD

Welcome Home! Adorable rambler features 5 bedrooms & 2 baths in a quiet neighborhood on the edge of town. Large fenced in backyard. Open floor plan. Large room in downstairs can be used as the master suite, or a family room area. Oversized 2 car attached garage. Come check it out today!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4.37
Remaining Loan Term
18 years, 5 months
Monthly PITI
$1,139.33/mo
Estimated Loan Balance
$101,214
Cash to close
$136,574
Interest Paid
$59,189

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Fiber Board
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Chain Link
Roof
  • Roof: Age 8 Years or Less
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Fiber Board
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1988
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Morris Meadows
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Cokato

Financial Details

  • Price per Sqft: $127.96
  • Tax Annual Amount: $2882
  • 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.

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Savings Calculator

Current cash to close is $136,574 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $136,574!

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

Loan Breakdown

Assumed Mortgage4.37% Sellers Rate
$100,926
Your Cash:$136,574
Total Purchase Price:$237,500

Assumed vs Traditional Mortgage

Assumed @ 4.37%
$656/mo
Traditional @ 7.5%
$921/mo
You save $265/month ($3,181/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6629342

Listing From: northstar

Last updated: 2024-12-14T00:03:02.000Z

© , 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

4.37%
7.15%

Principal & Interest

$656 /mo
$888 /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 $136,574 (58%)
You can enter any amount below - secondary financing will cover the difference if needed.
58%
$

You cover the entire equity of $136,574!

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

Loan Breakdown

Assumed Mortgage4.37% Sellers Rate
$100,926
Your Cash:$136,574
Total Purchase Price:$237,500

Assumed vs Traditional Mortgage

Assumed @ 4.37%
$656/mo
Traditional @ 7.5%
$921/mo
You save $265/month ($3,181/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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