"Versatility" is the word that comes to mind for commercial/residential property, which features 1. 56 flat acres of Highway Business-zoned land located just off of Route 9 & Route 31. Tucked away behind a grove of conifer trees, this property offers convenient location for the aspiring business owner, seclusion for the aspiring homesteader, or a combination of both uses in the new age of work-from-home culture. The cleaned out 1-story cottage seeks updates and refinement at the hands of the right buyer. At 25 years of age, each 2-story outbuilding is fed with electrical service and stand ready for equipment storage and livestock use. Come and see for yourself the possibilities that this unique property offers at an accessible price point.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $183,200 | $183,200 | $183,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $198 | $198 | $198 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,234 | $1,218 | $1,545 |
Total Monthly Payment | $1,507 | $1,491 | $1,818 |
* 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.