Enjoy easy living in the Outstanding "Spring Lake Village". This is an active 55 and over complex with amenities to suit everyone. The one level living layout of this unit is expansive with room to entertain and to relax. The kitchen has a pass through to the dining room allowing the cook to be part of the party. Plenty of cabinets and counter space for cooking and baking. A pantry closets allows for more storage. The dining room can accommodate a full dining set with pieces. Opening up from the dining room is the 18' x 13' living room. Great conversations and life's best times can be had in this room. Off the living room is a door leading to the deck for seasonal fun. The bedrooms are set in separate wings for the utmost privacy. The primary bedroom is enhanced with a large living area, walk-in closet and full bathroom. It's delightful for sleeping in or your own retreat. Another full bathroom is adjacent to the second bedroom. A desirable first floor laundry closet, attached garage, expansive 2 room basement & gas utilities adds to your wonderful new home.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 1 | Wall/Wall Carpet | 9.0 x 13.0 | Main |
Dining Room | Hardwood Floor | 13.0 x 11.0 | Main |
Kitchen | Pantry,Tile Floor | 10.0 x 10.0 | Main |
Living Room | Hardwood Floor | 13.0 x 18.0 | Main |
Primary Bedroom | Full Bath,Walk-In Closet,Wall/Wall Carpet | 11.0 x 22.0 | Main |
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NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $255,920 | $255,920 | $255,920 |
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 | $350 | $350 | $350 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,768 | $1,724 | $2,177 |
Total Monthly Payment | $2,193 | $2,149 | $2,602 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.