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NEW SEPTIC PLAN WAS JUST COMPLETED WAITING FOR STATE APPROVAL MAY, SO THIS HOME NOW COMES WITH A BRAND NEW 3-BEDROOM SEPTIC SYSTEM INSTALLED INC. IN LIST PRICE ! Cute Bungalow Ranch conveniently located on outskirts of village w/2 bdrms/1 bath Living/dining/kitchen on partial basement. In addition to full bathroom having fresh coat of paint, all the common rooms, Kitchen, dining& living room did also. Partially staged for you to get ideas of how might look once furnished in this 1166 sq ft home. Owners have had all sills assessed & replaced where needed; removed old siding, when walls were open, where wall cavity adjoined the exterior walls house was insulate from the outside, re-sided house w/new clapboard siding & painted, added back decks, replaced both direct vent heaters, new windows & doors, gutted enclosed porch & made into a new bedroom w/new electric, insulation, sheetrock & flooring- enlarging the home to1166 sq ft. New electric circuit breaker box, new siding green paint compliments the green metal roof. House has private, well, 2 shed& Level 100x400 lot w/ open back yard leading to forest. There’s plenty of room to expand your outdoor living space into what is now forest. The price includes 3-bedroom septic system to be installed in June, or if closing before, the seller will escrow the remaining funds for septic systems completion. Deposit will already be paid prior to secure a June installation.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $255,920 | $255,920 | $255,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $442 | $442 | $442 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,597 | $1,681 | $2,142 |
Total Monthly Payment | $2,114 | $2,198 | $2,659 |
* 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.