3381 N Fleming Road, Howell Twp MI — Just Listed — $300,000
Mahon Homes
JUST LISTED
3381 N Fleming Road
Howell Twp, MI 48836
List Price
$300,000
3 Bed · 1.5 Bath · 1,072 sq ft + 600 finished basement
Get Pre-QualifiedView Property Details
Kevin Mahon
Mahon Homes Lic #451932 · Kevin Mahon Lic #332507
"Helping Livingston-area buyers find homes they love — and can actually afford."
Call / Text
(248) 459-2774
Email
kevin@mahonhomes.com
Four Ways to Own This Home
Estimated payments — Conventional at 6.375%, USDA at 5.875%, 30-year fixed, 740 FICO, owner-occupied primary residence
Down Payment
$0
USDA Rural Development · 100% financing
Loan Amount (incl. 1% fee)$303,000
Principal & Interest$1,792
USDA Annual Fee$88
Property Taxes$239
Homeowners Insurance$100
Total Monthly$2,219
Your Monthly Payment
$2,219
APR 6.348%
Down Payment
5%
$15,000
Loan Amount$285,000
Principal & Interest$1,778
Mortgage Insurance$69
Property Taxes$239
Homeowners Insurance$100
Total Monthly$2,186
Your Monthly Payment
$2,186
APR 6.773%
Down Payment
10%
$30,000
Loan Amount$270,000
Principal & Interest$1,684
Mortgage Insurance$47
Property Taxes$239
Homeowners Insurance$100
Total Monthly$2,070
Your Monthly Payment
$2,070
APR 6.695%
Down Payment
20%
$60,000
Loan Amount$240,000
Principal & Interest$1,497
Mortgage Insurance$0
Property Taxes$239
Homeowners Insurance$100
Total Monthly$1,836
Your Monthly Payment
$1,836
APR 6.570%
USDA eligibility — two things must check out: (1) the property must sit in a USDA-eligible rural area, and (2) total household income must fall within USDA limits for Livingston County. Verify the address on the USDA eligibility map or ask Rob to confirm both.
Mortgage Insurance (MI): Required on conventional loans above 80% LTV; auto-cancels at 78% LTV per the Homeowners Protection Act. USDA carries a 0.35% annual guarantee fee (shown above) plus a one-time 1% upfront fee financed into the loan.
Run Your Own Numbers
Adjust the down payment, rate, or price — see your payment update live.

Estimated Monthly Payment

Loan Amount
Principal & Interest
Mortgage Insurance
Property Taxes (est)
Insurance (est)
Total Monthly
Cash to Close (est): — down payment + ~$7,500 closing. Ask Rob about credits, gift funds, and DPA.
The Cost of Waiting
"I'll wait for rates to drop" is the most expensive sentence in real estate. Here's the math.
ScenarioBuy TodayWait 6 monthsWait 1 yearWait 2 yearsWait 3 years
Property Value (3.5% est.)$300,000$305,205 ▲ 1.7%$310,500 ▲ 3.5%$321,367 ▲ 7.1%$332,615 ▲ 10.9%
Down Payment Needed (5%)$15,000$15,260$15,525$16,068$16,631
P&I + MI Payment$1,847$1,847$1,847$1,847$1,847
Lost Appreciation—$5,205$10,500$21,367$32,615
Lost Equity Build-up—$1,605$3,262$6,738$10,442
TOTAL COST OF WAITING$0$6,810$13,762$28,105$43,057
5 Years from Now
What does owning this home do for your finances vs. renting?
IF YOU BUY
Net Wealth in 5 Years
+$74,901
Home value (3.5%/yr)$356,306
Loan balance (60 pmts)$266,404
= Total equity$89,901
Less down payment−$15,000
Net wealth gain+$74,901
IF YOU RENT
Net Wealth in 5 Years
-$152,903
Year 1 rent ($2400/mo)$28,800
Years 1–5 rent (3%/yr)$152,903
Equity built$0
Net wealth gain-$152,903
5-Year Wealth Swing: Buying vs Renting
$227,805
Financing Made Simple
Backed by McKenney Home Lending — a Michigan-licensed mortgage broker partnering with Mahon Homes.
Rob McKenney
Owner / Mortgage Broker · McKenney Home Lending
"My job is to make sure the path to ownership is honest, fast, and built around your situation. We'll figure it out!"
NMLS #23394 · Company NMLS #2497854
Apply NowSchedule a Call
Equal Housing Lender · Mahon Homes (Brokerage Lic #451932) · Kevin Mahon (Lic #332507) · Rob McKenney NMLS #23394 · McKenney Home Lending NMLS #2497854
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McKenney Home Lending is a licensed Michigan mortgage broker (NMLS 2497854). Rates and payment scenarios shown are based on a $300,000 owner-occupied single-family purchase in Howell Twp (Livingston County), MI, 740 FICO, 30-year fixed, current as of 2026-06-25. APR is shown with equal prominence to the interest rate. Conventional MI is required above 80% LTV and auto-cancels at 78% LTV per the Homeowners Protection Act; MI factors are estimates and vary by FICO, LTV, and product. USDA = USDA Guaranteed Rural Housing (Section 502): 100% financing with the 1.00% upfront guarantee fee financed and the 0.35% annual fee collected monthly; requires a USDA-eligible location and household income within USDA limits, subject to a USDA Conditional Commitment. Property tax estimate reflects the post-sale uncapped taxable value (SEV $123,110) at ~23.3 mills with Principal Residence Exemption; the seller's current capped taxable value is $81,637 (current taxes $1,900/yr), so first-year escrow may initially be set lower. Not a commitment to lend. Subject to credit approval, underwriting and appraisal. Equal Housing Lender.