Discover the perfect opportunity to create your dream home in this charming two bedroom, one bathroom nestled in the peaceful countryside of Springfield. With a little love, you can transform this home into your vision! Enjoy the serenity of rural living while being just minutes away from the downtown area. Wake up to the warm glow of morning sunlight that fills the kitchen, dining room, and office, creating a cheerful and inviting atmosphere. Use the wood stove in the living room to create a cozy ambiance while saving money on your oil bill! The property's convenient location provides easy access to local amenities, including restaurants, the hospital, parks, and more making it a great place to call home! Step outside and immerse yourself in the beauty of the surrounding frog ponds and nature. The perfect sized property for privacy without spending all of your free time maintaining the yard. Enjoy leisurely walks in the neighborhood, gardening, or simply taking in the peaceful surroundings of your country home. Don't miss this opportunity to own a piece of rural tranquility! Schedule your private showing today and start envisioning the possibilities for your future home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $160,000 | $160,000 | $160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $350 | $350 | $350 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,105 | $1,063 | $1,349 |
Total Monthly Payment | $1,530 | $1,488 | $1,774 |
* 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.