Welcome to your new sanctuary in the serene Locke Lake Colony Association! This inviting 3-bedroom, 1. 5-bathroom ranch has an impressive 2, 900+ sq. ft. of living space, featuring a stunning great room that is sure to be the heart of your home. You’ll be captivated by this great room, perfect for entertaining or cozy gatherings. With soaring ceilings and large windows, this light-filled space offers endless possibilities. The design flows seamlessly into the well-equipped kitchen, which features ample counter space and storage, ideal for culinary adventures. The adjacent dining area provides the perfect spot for enjoying meals with family and friends. Off the kitchen is a full bath, the primary bedroom and two additional bedrooms which offer plenty of space for guests, a home office, or hobbies. Step outside onto your deck and expansive yard, perfect for summer barbecues, fires, gardening, or simply soaking in the tranquility of nature. With access to nearby Halfmoon Lake & Locke Lake you can enjoy boating, fishing, and swimming just moments from your door. Nestled in this peaceful community, this home combines the beauty of country living with the convenience of nearby amenities. Don’t miss your chance to own this spacious ranch. Let's not forget there is also an oversized 2 car detached garage!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $512,000 | $512,000 | $512,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $606 | $606 | $606 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,493 | $3,403 | $4,390 |
Total Monthly Payment | $4,191 | $4,101 | $5,088 |
* 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.