Mahon Homes
JUST LISTED
344 S Truhn Road
Iosco Twp, MI 48836
List Price
$379,900
3 Bed · 3 Bath · 1,296 sq ft + 1,200 finished basement
Get Pre-Qualified
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)$383,699
Principal & Interest$2,270
USDA Annual Fee$111
Property Taxes$278
Homeowners Insurance$100
Total Monthly$2,759
Your Monthly Payment
$2,759
APR 6.348%
Down Payment
5%
$18,995
Loan Amount$360,905
Principal & Interest$2,252
Mortgage Insurance$87
Property Taxes$278
Homeowners Insurance$100
Total Monthly$2,717
Your Monthly Payment
$2,717
APR 6.773%
Down Payment
10%
$37,990
Loan Amount$341,910
Principal & Interest$2,133
Mortgage Insurance$60
Property Taxes$278
Homeowners Insurance$100
Total Monthly$2,571
Your Monthly Payment
$2,571
APR 6.695%
Down Payment
20%
$75,980
Loan Amount$303,920
Principal & Interest$1,896
Mortgage Insurance$0
Property Taxes$278
Homeowners Insurance$100
Total Monthly$2,274
Your Monthly Payment
$2,274
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.)$379,900$386,491 ▲ 1.7%$393,196 ▲ 3.5%$406,958 ▲ 7.1%$421,202 ▲ 10.9%
Down Payment Needed (5%)$18,995$19,325$19,660$20,348$21,060
P&I + MI Payment$2,338$2,338$2,338$2,338$2,338
Lost Appreciation—$6,591$13,296$27,058$41,302
Lost Equity Build-up—$2,032$4,131$8,532$13,223
TOTAL COST OF WAITING$0$8,624$17,427$35,591$54,525
5 Years from Now
What does owning this home do for your finances vs. renting?
IF YOU BUY
Net Wealth in 5 Years
+$94,850
Home value (3.5%/yr)$451,202
Loan balance (60 pmts)$337,357
= Total equity$113,845
Less down payment−$18,995
Net wealth gain+$94,850
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
$247,753
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 $379,900 owner-occupied single-family purchase in Iosco 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 $145,186) at ~23.0 mills with Principal Residence Exemption; the seller's current capped taxable value is $145,186 (current taxes $3,334/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.