20 Acres of Pastoral Perfection nestled on a vast, picturesque 20-acre spread, this enchanting property promises pastoral perfection. Experience the serenity of a bubbling brook running along the border while basking in breathtaking mountain views. Impressive Equestrian Facilities equipped with a 120x35 barn housing 23 stalls, and a 100x60 sand riding ring designed for safe horse training, this property caters to the equestrian enthusiast. Your horses will thrive in this thoughtfully designed and maintained environment. Charming, Spacious Farmhouse is both cozy and commodious, featuring three generously sized bedrooms and a full bath. The home offers a perfect blend of classic charm and modern comfort. Significant improvements made in 2022 ensure this home is as reliable as it is charming. Enjoy the benefits of a new roof, vinyl siding, new windows, and a newly topped chimney. Conveniently Located just minutes from downtown Lancaster and Groveton, you can enjoy the tranquility of rural living without total seclusion. Shops, dining, and amenities are only a short drive away. Financing Made Easy as all buyers are welcome with various loan programs available, including Conventional, VA, and FHA. Pack up your saddle and embrace a life close to nature without sacrificing modern comforts. This property is more than just a home; it's a lifestyle waiting to be lived.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $426 | $426 | $426 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,729 | $2,659 | $3,373 |
Total Monthly Payment | $3,247 | $3,177 | $3,891 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.