Bedford end-unit condo ideally situated in Ridgewood, offering privacy and a light-filled interior with the added benefit of a loft space that enhances its versatility. Perfect place to call home. The unit combines contemporary design elements with cozy accents. Entry provides closet or pantry. Kitchen opens up to large sun-filled eat in area. Half bath with large linen closet. Oversized living room, sliders lead out to covered deck area overlooking grassy outdoor common area. 2nd floor provides unique loft space that could be office, sitting area or additional bedroom. Large primary bedroom with double closets. Unfinished basement with laundry and plenty of storage space. Convenient location with direct access to shopping, restaurants, medical facilities, and highways.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $255,200 | $255,200 | $255,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $389 | $389 | $389 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,676 | $1,676 | $2,136 |
Total Monthly Payment | $2,140 | $2,140 | $2,600 |
* 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.