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**Assumable 3% VA loan for qualified buyer**Welcome to 242 Torslanda Lane, where modern living meets thoughtful design. This beautiful home on a POND lot features an inviting open-concept layout on the main floor, perfect for both daily living and entertaining. The heart of the home is the contemporary kitchen, boasting a sleek island with an integrated sink, stainless steel appliances, and plenty of counter space to inspire your inner chef. The adjacent flex room offers versatile space that can easily be transformed into a formal dining area or a home office to suit your needs. The main floor is adorned with stylish and durable LVP flooring, while a convenient powder room adds to the functionality of the space. Upstairs, you'll find a serene retreat with cozy carpeting throughoutThe primary suite is a true oasis, featuring a spacious bath complete with a stand-up shower, a relaxing garden tub, and dual vanities. The upper level also includes two additional guest rooms with a shared full bath, a loft area perfect for a second living space or playroom, and a study nook ideal for working from home or homework time. To top it all off, the laundry room is conveniently located upstairs, making chores a breeze. This home is just steps away from a beautifully designed park featuring walking trails, a soccer goal, a baseball field, and swinging benches for relaxation. The park also boasts a vibrant playground and a central mailbox hub for added convenience. Whether you're hosting an outdoor gathering or enjoying a quiet picnic, the spacious picnic area provides the ideal setting for memorable moments with family and friends. With its blend of modern finishes and thoughtful layout, 242 Torslanda Lane at Petterson Meadows is ready to welcome you home.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $299,920 | $299,920 | $299,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,896 | $1,970 | $2,511 |
Total Monthly Payment | $1,971 | $2,045 | $2,586 |
* 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.