834 Lake Forest Circle - Detroit Lakes, MN    |    MLS: 6770835
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$486,000
2
2 Full
2023
1892.00
60 x 175
$486,000
2
2 Full
2023
1892.00
60 x 175

This property was recently listed for sale.

NEW ONE-LEVEL BUILD! This beautifully designed 2 Bedroom (plus a den), 2 Bath twin home is located in the desirable Lake Forest neighborhood, not far from DL's newest park. Enjoy the open concept living with Rustic Walnut cabinets, Quartz countertops, and high-end finishes. Triple glazed windows and spray foamed walls make this an efficient home. Get your exercise on the neighborhood-wide walking trails, which total about 3 miles. The Common wall is double 2x4 construction with fiberglass sound proofing.

Mortgage Payments | Have a Question?
For informational purposes only: Jack Chivers Realty is not a mortgage lender. Contact Minuteman Mortgage directly for more information. The payments shown assume an Asking Price of $486,000 with a Down Payment of $97,200 and a Loan Amount of $388,800
  Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan.
  30 Year Fixed15 Year FixedFHA 30 Year FixedVA 30yr FixedUSDA Rural Housing
 Loan Amount: $388,800$388,800$477,197$496,449$490,909
 Down Payment: $97,200$97,200$17,010
^*FHA Minimum Down Payment - The down payment of $17,010 is 3.5% as FHA loans allow for lower down payments. You can change the down payment amount above.
$0
^**VA Minimum Down Payment - VA loans offer Servicemembers, Veterans, and eligible surviving spouses certain loan benefits. This includes zero down payment, lower costs and potentially more flexible qualifying guidelines. You can change the down payment amount with this display to help you understand the potential payment.
$0
^***USDA Minimum Down Payment - A USDA loan offers zero down payment, good market interest rates and potentially more flexible qualifying guidelines. You can change the down payment amount with this display to help you understand the potential payment.
   Term (Months): 360180360360360
   Interest Rate: 6.043%5.292%5.472%5.457%5.424%
   APR: 6.209%5.558%6.359%5.822%6.048%
   Points: 11111
   Principal & Interest: $2,342$3,134$2,701^*$2,805$2,764
   Property Taxes: $123$123$123$123$123
   Homeowners Insurance: $150$150$150$150$150
   HOA/Dues/Fees: $0$0$0$0$0
   PMI: $0$0$214$0$143
Total Payment*: $2,615$3,407$3,188^*$3,078$3,180
TRID Info Icon Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan. See page two for more disclosures.
TRID Info Icon Your actual rate, payment, and costs could be higher. Get an official Loan Estimate before choosing a loan. See page two for more disclosures.

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*Total payment includes an estimation of principal and interest payment, property taxes, HOA/dues/fees, home owners insurance and private mortgage insurance (PMI) if applicable. Monthly Payment amounts above are based on estimates, may be greater and may not apply to your situation and can change without notice. ^*FHA loans allow for a 3.5% Down Payment. ^**VA loans require proof of the veteran's eligibility status. ^**VA loans allow for a 0.0% Down Payment. ^***USDA loans allow for a 0.0% Down Payment. USDA Disclosure.
Loan Officer Brian Merritt

Brian Merritt

nmls ID 292485
Minuteman Mortgage
 Brian@MinutemanMtg.com
www.MyMinnesotaHomeLoan.com
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