Open House to be held on Sun Jan 12th from 12-2. One of the early years "Lil Swiss Chalets" at Emerald Lake Village Association has been tastefully remodeled and updated? This adorable place now shines like a gem and has a usable walk out basement, a great deck out back and a new large shed added. Although it is listed as a 2 bedroom home it has a nice office upstairs too for added space if needed for guests. The homesite is just a short walk to the association beaches and a separate playground area. No fees for the recreation amenities they are deed to ELVD residents. Close to multiple ski areas, ATV and snowmobile trails and lake/pond/river for recreation fun for all. Why not spoil yourself as this home is perfect for a 1st home, a vacation home or even a down sizer home to enjoy year-round for snowbirds? *This sale is contingent upon the Seller finding replacement houseing and is already touring homes to move to.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $452 | $452 | $452 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,570 | $1,590 | $2,024 |
Total Monthly Payment | $2,097 | $2,117 | $2,551 |
* 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.