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**Charming Second Floor Condo in Cowesett** Discover the comfort of this cozy one-bedroom condo located conveniently in Cowesett, with easy access to I-95, Route 4, and Route 2. This updated unit boasts new appliances, generous living spaces, and an AC unit to keep you cool during warmer months. Enjoy a spacious bedroom and living room, perfect for relaxing or entertaining. The condo features professionally serviced common laundry facilities for your convenience. The condo association has invested significantly in improvements over the past five years, including fresh exterior paint, a newer roof, and parking seal coating, all with no additional assessments or changes to the monthly fee. This professionally managed complex makes life easier by including essential services in the condominium fee: heat, hot water, cooking gas, water, sewer, trash removal, landscaping, and snow removal. Don't miss out on this fantastic opportunity to own a beautifully maintained condo in a prime location! ---
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $151,200 | $151,200 | $151,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 6.778% | 5.994% |
Monthly Tax Payment | $137 | $137 | $137 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $931 | $968 | $1,256 |
Total Monthly Payment | $1,143 | $1,180 | $1,468 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.