Dan Kaercher

Dan Kaercher

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Closed

$480,000

($42,962 down)
FHA

957 E George Street, Banning, CA 92220

4
3
1,734 sqft
PITI Monthly
$3,940.07 /mo

Listing courtesy of: Tarek Abdulhalim, Fiv Realty Co.

Assumed Rate

7.07%
7.15%

Principal & Interest

$2,960 /mo
$2,984 /mo

What's Special

SPACIOUS
EN SUITE BATHROOM
CHARMING

Discover this charming single-story home in the city of Banning. This delightful residence offers a total of four bedrooms and three bathrooms, with 1,734 sq. ft. of living space. The main home features three bedrooms and two bathrooms, while a converted garage adds an additional bedroom, bathroom, and kitchen, making it perfect for a mother-in-law suite or guest quarters. Upon entering the main home, you're welcomed by spacious living areas designed for entertaining guests. One of the bedrooms provides direct access to the backyard, and the master bedroom includes an en suite bathroom. For added convenience, the laundry room is located inside the main house. The converted garage is thoughtfully designed, featuring upgraded plank flooring and direct access to the backyard, enhancing its appeal as a private living space. Don't miss out on this amazing opportunity! Schedule your private showing today and explore the potential of this wonderful home.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.07
Remaining Loan Term
28 years, 6 months
Monthly PITI
$3,940.07/mo
Estimated Loan Balance
$437,802
Cash to close
$42,962
Interest Paid
$46,526

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Central
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: None
  • Flooring: Unknown

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: Curbs, StreetLights, Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Banning

Financial Details

  • Price per Sqft: $276.82
  • Tax Annual Amount: $6000
  • On Market Date: 2024-08-08T00:00:00.000Z
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 $42,962 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $42,962!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$437,038
Your Cash$42,962
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$2,960/mo
Traditional @ 7.5%
$3,096/mo
You save $135/month ($1,621/year)

*Secondary financing rates are an estimated value based on input

MLS ID: IG24163114

Listing From:

Last updated: 2024-10-10T03:00:21.000Z

© , 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

7.07%
7.15%

Principal & Interest

$2,960 /mo
$2,984 /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 $42,962 (9%)
You can enter any amount below - secondary financing will cover the difference if needed.
9%
$

You cover the entire equity of $42,962!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$437,038
Your Cash$42,962
Total Purchase Price:$480,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$2,960/mo
Traditional @ 7.5%
$3,096/mo
You save $135/month ($1,621/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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