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This lot is within the Eastman community, its level and easily accessed from Eastmans north entrance however Oak Lane offers end of road privacy. You can build as big or small as you want, there are no restrictions on size. Build your dream home or a vacation get away, either will fit into the community surroundings. A test pit showed well drained soils. Eastman is a 4 season community that offers something for anyone of any age. Championship golf, tennis, pickleball, fitness center, hiking and biking, cross country skiing are all right at your fingertips. The community surrounds a 345 acre lake that has 6 private beaches and is speed restricted to 10 MPH. It's perfect for kayaks, canoes and small sail boats. You can be as active as can be or just come and relax and enjoy the quiet.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $31,920 | $31,920 | $31,920 |
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 | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $202 | $210 | $267 |
Total Monthly Payment | $277 | $285 | $342 |
* 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.