IN THE VILLAGE OF CORNISH FLAT! THIS IS A SPACIOUS FARMHOUSE WITH A COMBINATION OF THE OLD CHARACTER AND THE CONVENIENCE OF THE NEW! WAIT UNTIL YOU SEE THIS INCREDIBLE BRAND NEW DREAM KITCHEN. IT WAS DESIGNED FOR A CHEF WITH ITS QUARTZ COUNTER TOPS, WALK-IN PANTRY, PORCELAIN FLOOR WITH RADIANT HEAT AND LOTS OF MODERN CONVENIENCES. THE RADIANT HEAT IS ALSO IN THE PANTRY AND MUDROOM FLOORS AS WELL AS THE NEW HALF BATH ON THE FIRST FLOOR. THE ATTACHED BARN HAS BEEN NEWLY CONVERTED TO A 2 CAR GARAGE WITH FULL STAIRS TO THE ABOVE STORAGE AREA. THE 7 ROOM FLOOR PLAN CAN BE FLEXIBLE DEPENDING ON YOUR NEEDS. THE LARGE LEVEL LOT HAS A LARGE GARDEN AREA WITH RICH GROWING SOIL AND EVEN INCLUDES THE CHICKEN COOP. THE METAL STANDING SEAM ROOF IS ALSO A BONUS TO APPRECIATE. THESE SELLERS HAVE GIVEN THIS SPECIAL HOME A NEW FACE-LIFT, BUT HAVE LEFT SOME ROOM FOR THE NEW OWNERS TO DO THE FINISHING TOUCHES. THIS IS A SPECIAL HOME IN THE VERY SPECIAL CORNISH COMMUNITY AND FOR THE HIGH SCHOOLERS, YOU EVEN HAVE A CHOICE OF HIGH SCHOOLS. COME QUICK. . . . OR IT WILL BE GONE.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $303,920 | $303,920 | $303,920 |
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 | $513 | $513 | $513 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,022 | $2,020 | $2,563 |
Total Monthly Payment | $2,609 | $2,607 | $3,150 |
* 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.