HEAT & HOT WATER INCLUDED!! Very bright 1 bedroom apartment. Freshly painted with new floors. Kitchen features new countertops with plenty of cabinet space and new stainless steel appliances. Tenant pays electricity, gas for stove and cable/wifi. Only 1 cat is allowed with an additional $25 per month. NON smoker. Coin operated laundry in common laundry area. Off street parking in lot across the street, 1 unassigned parking spot for each unit. Convenient access to shopping, dining, waterfront park in downtown New London. Non-refundable $50 per adult for tenant screening, 18yrs+ must apply and be on the lease. Good credit history, verifiable income to support monthly rent and MUST have good landlord references. No application will be processed without landlord references. ADDITIONAL rent: additional rent charge of $15 for renters insurance for property damage & liability to the property. If Tenant wants coverage for personal belongings, they have the option to do so.
Type | Level |
---|---|
Full Bath | Main |
Kitchen | Main |
Primary Bedroom | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $920 | $920 | $920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $6 | $6 | $8 |
Total Monthly Payment | $81 | $81 | $83 |
* 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.