This lovely remolded home has just had beautiful new flooring installed, light fixtures and has been freshly painted. You will love the bright sunny living room, which opens to a formal dining area and large country kitchen with an abundance of cupboards and counter space perfect for large family gatherings. Spacious primary suite w/ walk-in shower and direct access to your own covered screened porch where you will enjoy the great outdoors without being disturbed by pesky bugs. Split floor plan gives wonderful privacy with two additional bedrooms and a guest bath. No shortage of storage space with good size closets in every bedroom. You will appreciate the newer furnace, central air condition and hot water heater. This affordable home has low taxes and utilities bills, perfect for someone on a fixed budget. Oversize one car garage w/ direct entrance to the laundry room, keeps you out of the harsh elements. This beauty can be found in Briarcrest Estates, Lakemont Coop. which is only a stone's throw from Gunstock Ski Mtn. , hiking, boating, shopping and all the magic that living in the Heart of the Lakes Region has to offer.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $220,000 | $220,000 | $220,000 |
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 | $184 | $184 | $184 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,464 | $1,482 | $1,886 |
Total Monthly Payment | $1,723 | $1,741 | $2,145 |
* 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.