Nicely maintained home set well back from the road for privacy. 1. 45 surveyed acres. Open lawn at the front wooded at the back of the property. Current owners have enjoyed the covered open rear porch for BBQ's and gatherings. The fire pit has also been a favorite for those cool fall evenings. The yard is perfect for entertaining. Plenty of outdoor space and parking. Open layout. Updated windows offer an abundance of natural light. Recently installed flooring in the living room. A dream garage! Space for all the toys and tools. 28x28 with a 14x28 addition. 12-foot ceilings, insulated and wired for 220. This home is about 2 miles from town and all amenities. Delayed showing until the Open House Saturday October 5th 10-12
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $218,000 | $218,000 | $218,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $503 | $503 | $503 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,450 | $1,449 | $1,869 |
Total Monthly Payment | $2,028 | $2,027 | $2,447 |
* 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.