Such a sweet camp style cottage with 3 BRs, 2 on the main floor and the 3rd BR is a floater, you could use the loft or the enclosed sleeping porch. There is a large eat-in kitchen with lots of cabinets followed by a cozy living room featuring a wood burning stove. This wonderful heat producer makes it so easy for the family to come and go throughout the winter months to enjoy the snowmobile trails, accessed just across the road. Let me sum this property up for you, it offers a shared lake access so enjoy boating, fishing and swimming. The cottage is insulated, it has quick water shut off and drain back so you can shut down and open back up with the woodstove having you feeling toasty in a few hours. What follows is like a Hallmark Movie, you know, go snowshoeing, have snowball fights, bake cookies, make a gingerbread house, put a stew in the crockpot to simmer while you take the snowmobiles for a ride. On your return, you're greeted by the aroma of dinner, you eat, drink and cuddle up next to a glass front wood stove while watching the flames dance. Fall asleep and dream of being on the lake next summer, like the movie it doesn't end, just turns into another season. This cabin's offers glowing pine boards, some interior walls need a little finishing, you are not roughing it much, there is electric, a drilled well yielding 30 gallons per minute, and a proper septic, a yard, storage sheds for toys, lots of parking space, this affordable get-away has it all. Book to Look!
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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 | $210,400 | $210,400 | $210,400 |
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 | 7.339% | 7.017% | 6.120% |
Monthly Tax Payment | $274 | $274 | $274 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,382 | $1,382 | $1,761 |
Total Monthly Payment | $1,731 | $1,731 | $2,110 |
* 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.