PRICE IMPROVEMENT! Welcome to your new home! This farmhouse offers the perfect blend of comfort and possibility. With over 7 acres of land and ample space for your creativity to flourish, this home is ready for its next chapter. This move-in ready home features a cozy enclosed porch, den with wood stove, large kitchen, formal living room, formal dining room, first floor bedroom and 3/4 bath. Upstairs boosts three additional bedrooms and a full bath & an office. Outside you will find three barns, including one with a fully finished room ready for your imagination. Enjoy direct access to the snowmobile trail system and you also have access to the ATV trail system. New roofs on the main house, garage and one of the barns to ensure peace of mind. Sellers had a previous business and added a parking lot, water & electric. Make this property your home today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $300,000 | $300,000 | $300,000 |
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 | $524 | $524 | $524 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,021 | $1,994 | $2,530 |
Total Monthly Payment | $2,620 | $2,593 | $3,129 |
* 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.