BUYER FINANCING ISSUES gives you a wonderful new opportunity to own this lovely home. Ranches are all the rage. . . and hard to come by! This home has the style, location & amenities to be on the top of your list. Located in an established subdivision, this 3BR ranch offers a remodeled kitchen, hardwood floors, a fireplaced living room, updated bath, central air & a recent furnace. The basement is studded & awaiting your vision for additional living area. A level lot, when combined with a large, rear screened porch, provides plenty of space for outside activities & gatherings. Whether it's your first home or your forever home, the locale is fantastic with great access to shopping & various businesses along Rt 1 & nearby plazas. Jump on nearby I-95 or the commuter rail for access to points north & south. A fantastic feature of this neighborhood is a nearby park with ballfields, a playground, walking trails plus a little pond for the novice fisherman.
Type | Description | Dimensions | Level |
---|---|---|---|
Bedroom 2 | Flooring - Hardwood, Closet - Double | 11.5 x 11.5 | First |
Bedroom 3 | Flooring - Hardwood, Closet - Double | 10.2 x 8.3 | First |
Dining Room | Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead | 11.5 x 8.0 | First |
Kitchen | Ceiling Fan(s), Flooring - Laminate, Remodeled | 11.5 x 12.4 | First |
Living Room | Ceiling Fan(s), Flooring - Hardwood, Window(s) - Bay/Bow/Box, Open Floorplan, Lighting - Overhead, Closet - Double | 11.4 x 18.5 | First |
Master Bedroom | Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead, Closet - Double | 13.5 x 11.5 | First |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
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 | $367,200 | $367,200 | $367,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $369 | $369 | $369 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,443 | $2,441 | $3,148 |
Total Monthly Payment | $2,887 | $2,885 | $3,592 |
* 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.