Owner occupy? Know anyone paying 2 rents? Fabulous opportunity to own this tastefully renovated property. Brand new furnace Oct 2024, economical nat. gas and city services make this is turn key property a fantastic opportunity to work and live walking distance to beautiful downtown Concord. 2 car garage plus additional off street parking. High end finishes like tray ceilings and rounded corners, custom lighting & 30R insulation in walls with replaced windows - even in the basement! Granite steps and private courtyard all landscaped with new fence and potting shed. 1st floor currently a business, but convert to an in-law appartment possible too. Lots of value here, must be seen. Easy private appointments available.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $391,760 | $391,760 | $391,760 |
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 | $493 | $493 | $493 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,606 | $2,604 | $3,359 |
Total Monthly Payment | $3,174 | $3,172 | $3,927 |
* 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.