Welcome to 50 Mallego Rd, a classic 3-bedroom, 2. 5-bathroom raised ranch nestled in a peaceful Barrington neighborhood. This property presents a fantastic opportunity to create the home of your dreams! While boasting a brand new roof, ensuring years of worry-free living, this spacious 1, 954 square foot home is ready for your personal touch and design vision. Imagine the possibilities as you step inside. The open concept kitchen features an island and great cabinet and counter space. Transform the cozy living room into a stylish and inviting gathering space, perfect for relaxing with loved ones. The private primary suite offers a blank canvas to design your own tranquil retreat, complete with a walk-in closet and ensuite bathroom. The finished basement presents endless potential for a family room, playroom, home office, or whatever suits your lifestyle. Enjoy warm summer evenings in the large backyard, envisioning a patio oasis or a vibrant garden. An attached garage provides convenient parking and storage. Located in a desirable area, this home is close to schools, parks, shopping, and commuting routes. Don't miss out on this chance to bring your vision to life in Barrington! Contact us today to schedule a showing and start planning your dream home!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $327,920 | $327,920 | $327,920 |
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 | $534 | $534 | $534 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,182 | $2,209 | $2,812 |
Total Monthly Payment | $2,791 | $2,818 | $3,421 |
* 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.