Enjoy the convenience of one floor living in this upper level 1-bedroom, 1-full bath ranch style condo located in the FHA-approved Woodland Heights complex. This desirable condo has its own private entrance and features a fully-equipped kitchen, open concept living/dining room, maintenance-free laminate flooring, freshly painted walls, and an outdoor balcony to enjoy the tranquil surroundings. Common fees include natural gas HEAT and HOT WATER for the unit making for budget-friendly utility expenses. There is a designated storage cubicle for personal items, assigned resident parking and ample visitor spaces for an extra vehicle or guests. The community swimming pool is located just steps away from the unit. A clubhouse with fireplace and kitchen is on-site and can be reserved for private gatherings and parties. Cromwell is known as the "Crossroads of CT" just 14 miles south of Hartford and 28 miles north of New Haven. Don't miss out on making 68 Woodland the perfect place to call home!
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 203.980.8025
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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 | $131,200 | $131,200 | $131,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.125% | 5.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.490% | 6.273% | 5.278% |
Monthly Tax Payment | $182 | $182 | $182 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $829 | $797 | $1,038 |
Total Monthly Payment | $1,086 | $1,054 | $1,295 |
* 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.