Welcome to the charming development of Addison Housing Works! This move in ready property has been well maintained and cared for over the years. The home features a nice living area upon entry. Just off the living room is one of the bedrooms that offers good space and closet room. The kitchen is large and allows good room to prepare meals and entertain. The full bathroom is comfortable and just across from the laundry area. The primary bedroom has tons of closet storage and a large window for plenty of natural light to come in. Outside you have a nice back deck to enjoy and a nice yard for all of your outdoor activities. Currently there are perennial gardens that the owner has maintained over the years. This is a great place to call home! Please note park approval is required prior to completing purchase. If interested a number of furnishings can stay.
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Our Executive Mortgage Banker:
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$79,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $63,200 | $63,200 | $63,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $55 | $55 | $55 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $410 | $405 | $525 |
Total Monthly Payment | $540 | $535 | $655 |
* 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.