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This is a fantastic, open floor plan, 3 bedroom 2. 5 bath home with pond views located in desirable Foxbank Subdivision. The main suite is located on the first floor. It features dual walk in closets and a huge in-suite bathroom. The kitchen is open, airy, inviting and great for entertaining. A formal dining room is directly off the kitchen. The laundry room is located downstairs. The two car garage comes with built in storage shelves. There is a finished room over the garage that would be perfect for an office or flex room. The two other large bedrooms are located upstairs with a loft between them, perfect for a game room or play area. The neighborhood features pools, walking trails, a kayak and canoe launch, dog park and playgrounds. If sq. footage is important, please measure.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $318,800 | $318,800 | $318,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,989 | $2,094 | $2,647 |
Total Monthly Payment | $2,064 | $2,169 | $2,722 |
* 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.