Description
Rare Opportunity: FHA Assumable Mortgage at 3% Save Potentially $223K! Welcome to one of the largest lots in the neighborhood! This home sits on a spacious 7,795 sq ft lotproviding ample room for outdoor entertaining, gardening, or future expansion. Best of all, it's not in a flood zone, offering peace of mind and potential insurance savings. One of the best features of this property is the current FHA assumable mortgage with an incredible 3.0% interest rate. With interest rates currently around 6.2%, this could mean huge savings for qualified buyers. Here's an ESTIMATE when comparing financing $325K (current mortgage): Monthly Payment (P&I): $1,370 vs. $1,988 ? Save $617/month Total Interest Paid: $169K vs. $392K ? Save $223K More yard space and a smarter financial move
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3BEDS
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0.18ACRES
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2BATHS
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01/2 BATHS
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1,100SQFT
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$395$/SQFT
School Information
Description
Rare Opportunity: FHA Assumable Mortgage at 3% Save Potentially $223K! Welcome to one of the largest lots in the neighborhood! This home sits on a spacious 7,795 sq ft lotproviding ample room for outdoor entertaining, gardening, or future expansion. Best of all, it's not in a flood zone, offering peace of mind and potential insurance savings. One of the best features of this property is the current FHA assumable mortgage with an incredible 3.0% interest rate. With interest rates currently around 6.2%, this could mean huge savings for qualified buyers. Here's an ESTIMATE when comparing financing $325K (current mortgage): Monthly Payment (P&I): $1,370 vs. $1,988 ? Save $617/month Total Interest Paid: $169K vs. $392K ? Save $223K More yard space and a smarter financial move
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