09/18/2024
📢 Deal of the Day: Assumable Loan at 2.9% (85053)
Step into a pristine home built in 2020! This 3-bedroom, 2-bath gem offers modern comforts with a low 2.9% interest rate, perfect for locking in savings with just $1,559/month for principal and interest.
Property Highlights:
🏡 Open Concept Living: Enjoy seamless flow throughout the home with wood-look flooring, recessed lighting, and neutral paint tones.
🍽️ Chef’s Kitchen: Featuring marble-look counters, a stainless steel electric range with a glass cooktop, pendant lighting, ample cabinetry, and a breakfast bar for casual dining.
🛏️ Spacious Master Suite: Includes a walk-in closet, ceiling fan, and a private ensuite bathroom.
🚗 Detached 2-Car Garage: Conveniently located just steps from the dining room & kitchen.
🌳 Outdoor Potential: Fully landscaped front yard and a blank canvas to create the backyard of your dreams—no HOA to worry about!
Financial Snapshot:
💲 List Price: $440,000
📉 Assumable Loan: 2.9% interest rate
🏦 Monthly Payment (Principal & Interest): $1,559
📊 Estimated Total Payment (Including Taxes & Insurance): $2,165.42
FHA Loan Estimate: Approximately $2,727/month
Conventional Loan Estimate: Approximately $2,508/month
Why This Matters:
In today’s rising interest rate environment, securing a
property with an assumable 2.9% interest rate offers a clear advantage in managing your monthly payments. If you were to secure today’s market rates, you could be paying around $2,508/month on a conventional loan or $2,727/month on an FHA loan—this assumable loan presents significant savings!
🔑 Want more details? Shoot me a DM!
Want to learn more about assumable mortgages? Comment “Assumable” and I’ll send you my FREE Assumable Loan Education Guide.
(Payment estimates are subject to change based on lender details. Consult your mortgage professional for exact figures.)