Please read:Assumable $390k at 2.25% fixed rate VA loan. You do not have to be veteran to assume this loan! The process of assumption is very straight forward: if you are already pre approved with a lender, chances are very high that you will be able to assume the 2.25% loan. Please run the numbers: in the current rate environment your payment will be more than $400/month and you will pay more than $150k in interest over the life of a similar loan. This hip, spacious, Ukrainian Village duplex down is perfect for the family who loves to entertain! This newly remodeled home has a beautiful kitchen with all new appliances and cabinets, two and a half updated bathrooms, and gorgeous floors. Large master bedroom with plenty of room for a California king and a walk-in closet . There are tons of storage options in this 3 bedroom house with a bonus private office space. You're going to love it here! ** Veteran owned! Home owner exemption not reflected in current tax bill.
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If you took out a loan today for 95% at 7% interest your payments would be:
If you assumed the loan and took the rest out at difference, your monthly payments would only be $2143.30
