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$170,000

($115,310 down)
FHA

117 S 8th Street, Montevideo, MN 56265

3
2
1,258 sqft
PITI Monthly
$705.3 /mo

Listing courtesy of: , Kuhlmann Real Estate, Inc.

Assumed Rate

4%
7.15%

Principal & Interest

$370 /mo
$523 /mo
$36,355 in interest paid off

What's Special

Here we have an older home with many updates throughout the years. Maintenance free exterior, double garage, second bathroom and laundry were
added to the main floor, updated furnace and water heater, The shingleson teh house were new just a few years ago. The list goes on. There is a
concrete pad out back next to the garage for extra parking. set up your showing today!
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
4
Remaining Loan Term
16 years, 4 months
Monthly PITI
$705.3/mo
Estimated Loan Balance
$59,868
Cash to close
$115,310
Interest Paid
$36,355

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: No
  • Fireplace Features: Unknown
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Pool
  • Has Pool: No
  • Pool Features: Unknown

Construction

Type & Style
  • Stories:
  • Home type: Single Family Residence
  • Architectural Style: Unknown
Materials
  • Vinyl Siding
  • Roof: Age 8 Years or Less
Condition
  • Year Built: 1910
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Ninth Add
  • Features: Other
HOA
  • Has HOA: No
Location
  • Region: Montevideo

Financial Details

  • Price per Sqft: $135.14
  • Tax Annual Amount: $1566
  • On Market Date: Aug 26, 2024
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Savings Calculator

Current cash to close is $115,310 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$
0%20%50%

You cover the entire equity of $115,310!

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

Loan Breakdown

Assumed Mortgage4% Sellers Rate
$54,690
Your Cash:$115,310
Total Purchase Price:$170,000

Assumed vs Traditional Mortgage

Assumed @ 4%
$370/mo
Traditional @ 7.15%
$543/mo
You save $173/month ($2,075/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6592105

Listing From: northstar

Last updated: Mar 28, 2025 02:18pm

© 2025, northstar. 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

4%
7.15%

Principal & Interest

$370 /mo
$523 /mo
$36,355 in interest paid off
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 $115,310 (68%)
You can enter any amount below - secondary financing will cover the difference if needed.
68%
$
0%20%50%

You cover the entire equity of $115,310!

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

Loan Breakdown

Assumed Mortgage4% Sellers Rate
$54,690
Your Cash:$115,310
Total Purchase Price:$170,000

Assumed vs Traditional Mortgage

Assumed @ 4%
$370/mo
Traditional @ 7.15%
$543/mo
You save $173/month ($2,075/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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