Spacious, bright & airy true 2-bedroom, 2 bath corner unit with terrace available in The Summit in Rego Park! Bring your decorating ideas to this 1000+ square foot condominium and make this great space your own! This unit features a laundry hook-up tucked neatly away in a closet, large master bedroom with its own en suite bath, an open-concept layout and more! The pet-friendly Summit Condominium affords a comfortable & convenient lifestyle; the 24-hour doorman, live-in super and concierge services providing added security & assistance, while the recreation room and fully-equipped gym (available for an additional fee) are offered for your leisure. Price includes a deeded parking space in the building's garage (Lot 1081). Conveniently located in close proximity to Queens Center Mall, schools, parks, mass transit into Manhattan and major highways. Layout: Large living room with door to terrace, dining area, galley kitchen with pass through, 2 bedrooms, 2 full baths Approximate Taxes: $5, 685 (condo) + $758 (parking space) Common Charges: $960. 44 Parking Fee: $39. 02
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $559,200 | $559,200 | $559,200 |
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 | $537 | $537 | $537 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,815 | $3,717 | $4,716 |
Total Monthly Payment | $4,444 | $4,346 | $5,345 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.