Britney  Galvan

Britney Galvan

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$525,000

($66,693 down)
FHA

1078 W King Street, Banning, CA 92220

3
3
1,625 sqft
PITI Monthly
$3,948.95 /mo

Listing courtesy of: Irene Sermeno, H4S REALTY

Assumed Rate

6.85%
7.15%

Principal & Interest

$3,024 /mo
$3,117 /mo

What's Special

INVESTORS
SHOPPING
DINING
SPACIOUS
PRIVATE BACKYARD
MOUNTAIN VIEWS
QUIET NEIGHBORHOOD
CHARMING
COZY

Charming Banning Home with Mountain Views – Ready to Move In! Beautifully maintained 3-bedroom, 2-bathroom single-story home nestled in the heart of Banning, CA. This inviting property offers 1,625 sq ft of comfortable living space and sits on a spacious 7,405 sq ft lot, perfect for first-time buyers, growing families, or investors. Step inside to find a bright and airy living room with large windows that fill the space with natural light. The open-concept kitchen and dining area feature ample cabinetry and counter space, making it ideal for hosting and everyday living. Each bedroom offers cozy privacy and generous closet space, while both bathrooms are clean and well-appointed. Outside, enjoy a private backyard with plenty of room for gardening, play, or relaxing under the sun. The attached 2-car garage provides convenience and additional storage. Located in a quiet neighborhood near local schools, parks, and shopping, this home offers a blend of tranquility and accessibility. Easy access to the I-10 freeway makes commuting a breeze.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.85
Remaining Loan Term
29 years, 5 months
Monthly PITI
$3,948.95/mo
Estimated Loan Balance
$459,915
Cash to close
$66,693
Interest Paid
$18,393

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir, Electric
  • Heating: Central
Features
  • Materials: Drywall, Frame, Concrete, Stucco
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Gas, LivingRoom
  • Flooring: Carpet, Laminate, Vinyl

Exterior

Fencing
  • Fencing: Vinyl
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Traditional
Materials
  • Drywall, Frame, Concrete, Stucco
  • Roof: Tile
Condition
  • Year Built: 1987
Details
  • Builder:

Community & HOA

Community
  • Subdivision: ,other
  • Features: Sidewalks
HOA
  • Has HOA: No
Location
  • Region: Banning

Financial Details

  • Price per Sqft: $323.08
  • Tax Annual Amount: $6562.5
  • On Market Date: 2025-04-23T00:00:00.000Z
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.

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Savings Calculator

Current cash to close is $66,693 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $66,693!

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

Loan Breakdown

Assumed Mortgage6.85% Sellers Rate
$458,307
Your Cash$66,693
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 6.85%
$3,024/mo
Traditional @ 7.15%
$3,233/mo
You save $209/month ($2,510/year)

*Secondary financing rates are an estimated value based on input

MLS ID: CV25089238

Listing From:

Last updated: 2025-04-24T14:16:39.000Z

© , CRMLS. 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

6.85%
7.15%

Principal & Interest

$3,024 /mo
$3,117 /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

Current cash to close is $66,693 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$

You cover the entire equity of $66,693!

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

Loan Breakdown

Assumed Mortgage6.85% Sellers Rate
$458,307
Your Cash$66,693
Total Purchase Price:$525,000

Assumed vs Traditional Mortgage

Assumed @ 6.85%
$3,024/mo
Traditional @ 7.15%
$3,233/mo
You save $209/month ($2,510/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UME Realty Group
Agent/Broker
Britney GalvanUME Realty Group(818) 398-0602Britney@umerealtygroup.comMLS

© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than UME Realty Group are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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