Ski-In/Ski-Out Condo at Mountain Club of Loon Resort! This lock-off quarter share condo at Loon Mountain offers a fantastic opportunity to enjoy the slopes and all the resort amenities. With stunning views of the mountain's ski slopes and westerly sunset views. This condo is located in the Spa wing of the hotel with easy access the the restaurants and the health club. The unit is divided into two sides for versatile living options. The club side features a king-sized bed, full bath, and deck, while the studio side includes a kitchen, dining area, living room with two Murphy beds, and another full bath. Owners have 13 weeks per year to use the condo, with the option to rent it out through the front desk, or exchange it at thousands of resorts worldwide through companies like RCI Exchange or Interval International. The resort has everything you need: slope-side access to Loon Mountain's ski slopes, an indoor and outdoor pool, jacuzzi, full-service restaurant and bar, luxury spa, and health club. Utilities, maintenance, insurance, furniture, and appliances are all included in the condo dues. Plus, owners receive discounts at the restaurants and the Viaggio day spa, making it easy to enjoy everything the resort offers. If you're seeking a hassle-free getaway without the winter traffic, this is the perfect place!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $39,920 | $39,920 | $39,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $20 | $20 | $20 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $276 | $269 | $340 |
Total Monthly Payment | $371 | $364 | $435 |
* 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.