Discover unparalleled comfort and convenience in this immaculate condo, perfectly situated in the desirable Woodlawn Estates. This expansive, light-filled unit boasts an open floor plan that effortlessly combines modern elegance with everyday functionality. Enjoy two generously-sized bedrooms and a full bathroom with tub and shower. The kitchen is a culinary delight with sleek granite countertops, high-end stainless steel appliances, and ample cabinet space. Convenience is key with a dedicated laundry area right inside your home, making chores a breeze. Step outside to experience beautifully landscaped grounds and take advantage of the community's in-ground pool, ideal for relaxation and enjoyment on warm, sunny days. This condo offers the perfect blend of tranquility and accessibility. Just moments away from the vibrant shopping, dining, and entertainment options on Mineral Spring Avenue, you'll have everything you need right at your fingertips while still enjoying a serene and peaceful setting. Don't miss the opportunity to make this exceptional condo your new home! ** Subject to Seller finding suitable housing.
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $159,920 | $159,920 | $159,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $180 | $180 | $180 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $972 | $972 | $1,264 |
Total Monthly Payment | $1,227 | $1,227 | $1,519 |
* 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.