Location, location! This chalet home boasts 3 miles to the Balsams, a left turn to Diamond Pond, and just 6 miles to town all with your own private 270' on the Mohawk River. Wow! In 2012 there was a 12 foot addition added to all 3 levels on the east side of the house. The first floor features a bedroom, large kitchen with lots of cabinets, 3/4 bath and a living room with a wall of sliding glass doors which leads to the 10x30 foot deck. The second floor has 2 bedrooms and another 3/4 bath. The 12' basement addition includes a garage type door for easy access to the back yard. . Mature landscaping includes over a dozen cultivated blueberry bushes types that produce early and late, along with raspberries and several apple trees. The private back yard has a mowed path that leads down to your personal space on the Mohawk River. Nice country feel! The property also includes a 12 x 20 "Sugar Shack" structure that is equipped with generator powered hard wired lighting, electrical outlets and heating, ready for woodworking workshop or a perfect game room. There is also a wooden shed to store your riding mower.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $227,920 | $227,920 | $227,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $350 | $350 | $350 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,516 | $1,515 | $1,922 |
Total Monthly Payment | $1,941 | $1,940 | $2,347 |
* 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.