Ideal location for this two-bedroom Townhouse style condo in sought after Marina's Landing. Middle unit with hardwood floors, open floor plan and granite counters in the open kitchen. Dining space has slider leading to deck with magnificent views of downtown Norwich and the marina. Two bedrooms with even better views of downtown, Norwich nightlife and water activities. Two full generous size bathrooms, laundry on upper level with stackable washer & dryer to remain. Generous size two car garage with plenty of room for storage. NOT Marina Towers. Mariner's Landing is the name of the complex.
Type | Description | Level |
---|---|---|
Bedroom 1 | Upper | |
Dining Room | Balcony/Deck,Combination Liv/Din Rm,Sliders,Hardwood Floor | Main |
Living Room | Combination Liv/Din Rm,Hardwood Floor | Main |
Primary Bedroom | Balcony/Deck | Upper |
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NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $215,920 | $215,920 | $215,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $447 | $447 | $447 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,455 | $1,435 | $1,821 |
Total Monthly Payment | $1,977 | $1,957 | $2,343 |
* 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.