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$459,000

($60,569 down)
FHA

1406 Freedom Lane, Delano, MN 55328

4
4
2,242 sqft
PITI Monthly
$3,393.71 /mo

Listing courtesy of: , RE/MAX Results

Assumed Rate

6.27%
7.15%

Principal & Interest

$2,522 /mo
$2,761 /mo

What's Special

LOCATION
OPEN CONCEPT
DINING
GRANITE COUNTERTOPS
FIREPLACE
VAULTED CEILINGS
SPRINKLER SYSTEM

New Construction without the wait in a fully finished development! This home absolutely boasts a KILLER forever view. The Crow River is your backdrop while you eat dinner at your dining room table. This 3 level split features 3 upper level bedrooms, a main level powder room, vaulted ceilings, large open concept main floor, stainless appliances, granite countertops, finished lower level with bonus 4th bedroom and full bathroom along with a family room that has a walk out right into the backyard! Bonuses include a tankless water heater, 3 car garage, an in- ground sprinkler system, many warranties that will transfer, gas fireplace with brick accent framing it in, and a park within a block of your home. What an Incredible opportunity that only exists due to work relocation. Come check it out today and find your new home waiting for you.

... Show more

Assumption Snapshot

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Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.27
Remaining Loan Term
27 years, 11 months
Monthly PITI
$3,393.71/mo
Estimated Loan Balance
$399,304
Cash to close
$60,569
Interest Paid
$52,758

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 4
Cooling & Heating
  • Cooling: Central Air
  • Heating: Forced Air
Features
  • Materials: Vinyl Siding
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Family Room, Gas
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Age 8 Years or Less, Asphalt
Parking
  • Garage: Yes
  • Garage Spaces: 3
  • 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, Asphalt
Condition
  • Year Built: 2022
Details
  • Builder:

Community & HOA

Community
  • Subdivision: Liberty Lndg 2nd Add
  • Features: None
HOA
  • Has HOA: No
Location
  • Region: Delano

Financial Details

  • Price per Sqft: $204.73
  • Tax Annual Amount: $4988
  • On Market Date: 2025-04-05T00:00:00.000Z
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Savings Calculator

Current cash to close is $60,569 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $60,569!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$398,431
Your Cash$60,569
Total Purchase Price:$459,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,522/mo
Traditional @ 7.5%
$2,863/mo
You save $342/month ($4,099/year)

*Secondary financing rates are an estimated value based on input

MLS ID: NST6698087

Listing From: northstar

Last updated: 2025-04-11T17:33:03.000Z

© , 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

6.27%
7.15%

Principal & Interest

$2,522 /mo
$2,761 /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

Upgrade to gain access

Get Access

Savings Calculator

Current cash to close is $60,569 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $60,569!

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

Loan Breakdown

Assumed Mortgage6.27% Sellers Rate
$398,431
Your Cash$60,569
Total Purchase Price:$459,000

Assumed vs Traditional Mortgage

Assumed @ 6.27%
$2,522/mo
Traditional @ 7.5%
$2,863/mo
You save $342/month ($4,099/year)

*Secondary financing rates are an estimated value based on input

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UMe Realty Group © is committed to and abides by the Fair Housing Act of Equal Opportunity.