This is a Fannie Mae Homepath property located in a well maintained complex with easy access to all amenities. First floor unit which has been completely updated garden style 1 bedroom, good size bathroom with light carpeting through out the unit. Large kitchen with all new appliances, cupboards and counter tops. 3 good size closets in the unit. The unit is bright and has been tastefully updated. The complex has common laundry in the basement of each building, gardens, picnic/bbq area, and an electric recharging station should you have a hybrid/ electric vehicle. There is unassigned sticker parking for two cars at no cost and you can also rent a garage or a storage unit (storage units are in the basement) if you wish, subject to availability. Great location which is close to downtown White Plains, tons of shopping, public transportation (express trains to Manhattan), highways, dining/entertainment, and so much more. Call today to begin your homeownership journey.
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William Raveis Real Estate
Phone: 888.699.8876
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $154,400 | $154,400 | $154,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,066 | $1,040 | $1,313 |
Total Monthly Payment | $1,141 | $1,115 | $1,388 |
* 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.