This brand-new construction studio apartment is an absolute gem, offering a perfect blend of modern style and functional design. The open-concept layout creates an inviting and spacious atmosphere, ideal for comfortable living. You'll love the convenience of the walk-in closet, which also houses an in-unit laundry area, making everyday tasks a breeze. The bright and airy kitchen is a standout feature, designed with contemporary finishes and ample space for cooking and entertaining. The bathroom adds a touch of luxury, providing room to relax and unwind. Climate control is effortless, thanks to the mini-split system that delivers both efficient heating in the winter and refreshing air conditioning in the summer, ensuring year-round comfort. Situated in the heart of downtown Lancaster, this property is within a short distance of vibrant shopping options, charming stores, and a variety of dining establishments. Its prime location also places you just minutes away from the outdoor adventures and recreational activities that make the North Country such a sought-after destination. Whether you're looking for a stylish home base or a cozy retreat, this apartment has it all!. This property is not pet friendly
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,280 | $1,280 | $1,280 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $8 | $8 | $11 |
Total Monthly Payment | $83 | $83 | $86 |
* 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.