Dan Kaercher

Dan Kaercher

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$445,000

($56,278 down)
FHA

96 Flat Iron Lane, Severance, CO 80550

3
3
1,920 sqft
PITI Monthly
$2,896.24 /mo

Listing courtesy of: Janet Stewart, Elevations Real Estate, LLC

Assumed Rate

5.41%
7.15%

Principal & Interest

$2,263 /mo
$2,719 /mo

What's Special

DINING
SPACIOUS
FINISHED BASEMENT

Check this home out! Are you looking for a great home in a great neighborhood? This 3 Bedroom, 2 bath home is the perfect place for you. All bedrooms are together on the second floor and the main floor is outstanding with the spacious kitchen, dining area and living area. Full unfinished basement is ready for your personal touch. The attached 2 car garage will keep you and your vehicles out of the weather. This one will not last long!

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
5.41
Remaining Loan Term
27 years, 6 months
Monthly PITI
$2,896.24/mo
Estimated Loan Balance
$404,798
Cash to close
$56,278
Interest Paid
$53,531

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Wood Frame
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Fenced
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: Public Sewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Contemporary
Materials
  • Wood Frame
  • Roof: Composition
Condition
  • Year Built: 2003
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Summit View
  • Features: Unknown
HOA
  • Has HOA: Yes
  • HOA Name: Summit View HOA
  • HOA Amenities: Unknown
  • HOA Fee: $150
  • HOA Frequency: $Annually
Location
  • Region: Severance

Financial Details

  • Price per Sqft: $231.77
  • Tax Annual Amount: $2176
  • On Market Date: 2025-02-12T00:00:00.000Z
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 $56,278 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $56,278!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$388,722
Your Cash$56,278
Total Purchase Price:$445,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,263/mo
Traditional @ 7.5%
$2,820/mo
You save $557/month ($6,687/year)

*Secondary financing rates are an estimated value based on input

MLS ID: RECIR1026303

Listing From: recolorado

Last updated: 2025-04-02T10:32:32.000Z

© , recolorado. 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

5.41%
7.15%

Principal & Interest

$2,263 /mo
$2,719 /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 $56,278 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $56,278!

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

Loan Breakdown

Assumed Mortgage5.41% Sellers Rate
$388,722
Your Cash$56,278
Total Purchase Price:$445,000

Assumed vs Traditional Mortgage

Assumed @ 5.41%
$2,263/mo
Traditional @ 7.5%
$2,820/mo
You save $557/month ($6,687/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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