THIS IS A DETACHED CONDO. Imagine driving into a neighborhood where the first thing that catches your eye might be the cozy glow of decorative streetlamps or the charming homes, each with its own unique flair. As you mosey down the calm, winding roads, you’re welcomed by friendly waves from neighbors out for a casual afternoon walk. Another resident gives a warm smile and a nod from his flower garden, as if to say, “Hey there, welcome!” This is The Villages of Loudon—a vibrant, friendly 55+ community where neighbors enthusiastically greet you like an old friend! Nestled on 85 acres and encircled by dense woods, this community of 100 detached condos offers a delightful mix of low maintenance living with all the comforts of a single-family home. Speaking of homes, this one's a beauty with a gorgeous kitchen, light-filled sunroom, substantial walk in closet, and a partially finished basement all backing up to the woods! Think about it: no more lawn mowing or crack-of-dawn snow shoveling after a winter storm. Plus, you’ll find RV parking, a dog park, and a beautiful clubhouse perfect for gatherings and private events. Love to socialize or want a community that’s just a phone call away when you need support? This place has it all. Homes here rarely come on the market, so if you’re ready for a place that truly feels like home, now’s your chance! Welcome to The Villages of Loudon—where neighbors become friends, and every day feels a bit like a friendly visit. Offers by 11/4 at 5pm.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $380,000 | $380,000 | $380,000 |
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 | $584 | $584 | $584 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,526 | $3,205 |
Total Monthly Payment | $3,187 | $3,185 | $3,864 |
* 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.