FHA and VA financeable, Seller pay all closing costs for the right buyer Beautiful 3 bed home, gambrel style, direct access to snowmobile and ATV trail, corner lot abutting the woods, nice quiet lot. Property has a charm of a "cabin in the woods" finished with lot of wood design and look. Perfect for your primary residence, retreat for vacationing , second home, Air B & B , etc. . . etc. . . . Sky is the limit. First floor has a wood stove and a wall gas propane heater for warming the house, bathroom and second floor has electric baseboards. Multiple sources of heat allow future owner to chose the most fuel affordable from the market. Also, very convenient on the first floor , there is a brand new set of washer and dryer for convenience. At the entrance there is a porch to store wood for heating or snowmobile / ATV protecting them from rain and snow. This is a true cozy and quiet home waiting to have a new owner. Broker interest.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $143,920 | $143,920 | $143,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $172 | $172 | $172 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $958 | $957 | $1,214 |
Total Monthly Payment | $1,205 | $1,204 | $1,461 |
* 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.