This home has all the old style charm and is ready for you to make updates to your liking. The large eat in kitchen has ample space to gather and for storage and the adjacent living room is uniquely designed with functionality to be 2 spaces or one large room to gather in. Off the living room there is a home office, craft room, or a first floor bedroom. Going up the wide staircase you'll find 3 generous sized bedrooms on the 2nd level, including a Primary Suite with a dedicated bathroom. The walk up attic is true rare find, currently used for storage, but large enough to be finished and increase your livable space. You'll love having a dedicated space on the main level of the home to do your laundry and enjoy finding some of the old style amenities and built ins. The full basement is great for storage and is equipped with newer systems and you'll have peace of mind knowing family and friends can be in the backyard, away from road and have plenty of room to run around. 46 Lake Street is a true gem, just waiting for your touches!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | $543 | $543 | $543 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,129 | $2,183 | $2,766 |
Total Monthly Payment | $2,747 | $2,801 | $3,384 |
* 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.