Nestled in the trees is this perfect open concept one-level living ranch with cathedral ceilings, wood floors, primary suite with walk-in closet, a large enclosed deck off kitchen and a large pantry as well. Potential for additional space in lower level currently being used as a workshop. There is a 1 car garage under and a spacious 2 car detached garage for all your toys! Hiking, Skiing at Gunstock, fishing, boating, kayaking…you name it this location has it! Locke Lake has six beaches and Colony residents may also use three beaches on Half Moon Lake. The amenities of the Colony are available to Members and their guests. They include a baseball field, tennis court, a six-hole golf course, two outdoor pools, swing sets, covered pavilions, two marinas (one with a launching ramp) and the Community Lodge. Peaceful and private yet central to Concord and Lakes Region.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $308,000 | $308,000 | $308,000 |
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 | $420 | $420 | $420 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,049 | $2,047 | $2,641 |
Total Monthly Payment | $2,544 | $2,542 | $3,136 |
* 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.