Welcome to 6 Erin Lane! This home is located in the sought-after Tara Estates, a 55+ community known for its vibrant and active lifestyle. The home has been well-maintained, with a layout that maximizes space and comfort. The spacious kitchen is well-planned, perfect for cooking, gathering, and enjoying meals. The living area has a vaulted ceiling, an open concept that offers plenty of space for relaxation. For added privacy, the 2 bedrooms are located at opposite ends of the home. You will be excited as the primary bedroom offers a large closet and the 2nd bedroom has versatile space that can be used as a guest room, office, or craft room. The home is situated on a level private lot with beautifully maintained gardens full of flowers, plants and features a large deck ideal for sitting outside enjoying the peaceful surroundings. Many will ask about pets and the great news is that you can bring Fido and Fluffy along. It is move-in ready and offers a great opportunity at its price point. Welcome to the neighborhood!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $87,920 | $87,920 | $87,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $76 | $76 | $76 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $592 | $578 | $741 |
Total Monthly Payment | $743 | $729 | $892 |
* 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.