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Welcome to “The Cat’s Meow” in the highly sought-after Arbor Woods 55+ community! This charming one-level home offers the perfect blend of comfort and convenience, featuring 2 bedrooms, 2 bathrooms, and attached garage with ramp access. Step inside to an open-concept living space, where hardwood floors and an abundance of natural light create an airy and welcoming atmosphere. Central A/C keeps things comfortable year-round. The well-appointed kitchen boasts an oversized stainless refrigerator, ample cabinetry, and an eat-in peninsula—ideal for cooking, entertaining, or simply enjoying your morning coffee. The primary suite has a walk-in closet and en-suite bath with a double vanity and soaking tub. A second bedroom and full bath plus additional bonus room provide flexibility for guests and a home office. Relax and unwind on either the deck or front porch, enjoy the fresh air and the garden. The lower level has many windows and a walkout slider door. It has potential to be finished and provides plenty of storage space. Arbor Woods offers great community amenities, including a clubhouse, fitness center, community events, and a heated pool. Plus, enjoy maintenance-free living with snow removal, lawn care, and trash pickup included. Conveniently located near the grocery store, shopping, dining, golf, medical care and major highways—this is 55+ living at its finest!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $350,400 | $350,400 | $350,400 |
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 | $654 | $654 | $654 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,186 | $2,302 | $2,933 |
Total Monthly Payment | $2,915 | $3,031 | $3,662 |
* 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.