Welcome to Unit 841 in the Fountain Terrace complex! This updated 2-bedroom, 1-bathroom end-unit condo offers 875 square feet of functional living space with new floors and fresh white paint throughout. Inside, you'll find 2 spacious bedrooms, an eat-in-kitchen, ample storage space and a bright, airy atmosphere. Step out onto your private balcony and take in the breathtaking views of Downtown Stamford and the NYC Skyline. Fountain Terrace provides an array of amenities. Enjoy the convenience of on-site laundry facilities, gym, and pool. The community also features a playground, a versatile community room, and 24/7 security with a gated entrance for peace of mind. Unit 841 includes one assigned parking spot with additional parking available. The complex is pet-friendly. The HOA fee covers heat, hot water, cooking gas, water, sewer, property management, and pool service, ensuring a hassle-free living experience. This prime location offers easy access to Tully Center, bus stops, downtown, Metro-North train, I-95, shopping, restaurants, and Stamford's beaches. Don't miss the opportunity to make this exceptional condo your new home! Subject to probate approval.
Type | Level |
---|---|
Bedroom 1 | Main |
Kitchen | Main |
Living Room | Main |
Primary Bedroom | Main |
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NMLS Mortgage Loan Originator ID 130058
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $223,200 | $223,200 | $223,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $291 | $291 | $291 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,485 | $1,483 | $1,914 |
Total Monthly Payment | $1,850 | $1,848 | $2,279 |
* 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.