Charming and well-maintained one-bedroom home with an open-concept floor plan is perfect for easy living! This home offers a wonderful opportunity for anyone seeking cozy, low-maintenance living! The main level boasts a bright, inviting living/dining area and an efficient kitchen that awaits your personal touch. The bedroom and bath are well situated and have a tucked away feel that provides a bit of privacy. The lower level features two additional rooms currently used as bedrooms (non-conforming) but could be flexible space for an office, hobby room, or storage. A former garage has been transformed into a workshop/storage area but has the potential to be converted back to suit your needs. While the home is move-in ready, some updating could truly make it shine. Outside, you’ll enjoy the convenience of a paved driveway (shared) and a manageable yard space. This home is within walking distance to downtown, schools and only a short drive to I-93 access. A true in town gem! * Sellers prefer showings start November 24th 2024.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $159,920 | $159,920 | $159,920 |
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 | $209 | $209 | $209 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,105 | $1,077 | $1,360 |
Total Monthly Payment | $1,389 | $1,361 | $1,644 |
* 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.