ASSUMABLE 2. 65 VA MORTGAGE- YES, I said 2. 6%!! This home is SOLID and offered peace of mind during the recent storms. This Craftsman-style two-story home has the primary bedroom on the 1st floor! The sellers loved that the park and greenspace are across the street, and their backyard oasis is private with no houses behind. The garage offers 3-car parking with the tandem spot, or use it as a workshop or exercise room as the sellers did. The kitchen, replete with a HUGE pantry and a separate butler's pantry, will not disappoint. Meal prepping is a breeze, and you’ll appreciate the Induction cooktop and Convection oven. The first floor offers ideal entertainment spaces, including a large dining room, a half bath, a large gathering room, a screened lanai, and a beautiful paver patio—perfect for a hot tub and a fire pit!
Take the stairs in the center of the home up to the 2nd floor, and like me, be wowed! Without a doubt, the largest bonus space imaginable! Stir in FOUR additional bedrooms and TWO full baths for a massive home built for a family. You’ll also appreciate the thoughtful design of TWO laundry rooms: full-size upstairs and closet-size downstairs. Located in the Belmont community, amenities include a pool, fitness center, walking/bike trails, playgrounds, and tennis courts. Conveniently situated near shops, dining options, and major highways, this home has a REALLY low assumable mortgage and is looking for a new family to enjoy it. The sellers' interests require a move further south.
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William Raveis Real Estate
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Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $458,300 | $458,300 | $458,300 |
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 | $822 | $822 | $822 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,049 | $3,046 | $3,865 |
Total Monthly Payment | $3,963 | $3,960 | $4,779 |
* 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.