MORE AFFORDABLE THAN RENTING!!! Nicely kept co-op in desirable Cornwall Manor in walking distance to elementary school. Desirable Second Unit. Good sized kitchen with large countertop; separate dining area; oversized living room, generous sized bedroom w/ample closet space and full bath. Large closet in living rooms offers plenty of storage. HOA includes taxes, heat, hot water, sewer & water, trash and exterior maintenance. Laundry facilities on premises for residents. Indoor cats are permitted, but no dogs. Playground in rear of complex. Can't be rented until it has been owner occupied for three years. Walking distance to town shops, restaurants, park, little league field, library, medical facility and schools. Easy access to Route 9W for commute to West Point or NYC. Less than 15 minutes to Metro North Station at Salisbury Mills.
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Our Executive Mortgage Banker:
Our Insurance Division:
$123,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $98,400 | $98,400 | $98,400 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $680 | $663 | $837 |
Total Monthly Payment | $755 | $738 | $912 |
* 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.