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Perfect Owner-occupied or Investment Opportunity!! This vinyl sided Two Family House comes with a TWO CAR GARAGE for storage and Weather Free Parking, and a freshly landscaped backyard for entertaining. This Property has been completely remodeled including two new boilers, new hot water heater, custom cabinets, granite, stainless steel appliances, first floor in-unit Washer/Dryer, plank flooring, fresh coat of paint, remodeled bathrooms and kitchens with open floor plans.
Spacious 2nd floor unit with 2 bedrooms, updated kitchen, and bath also has a set of steps in-unit leading up to the large attic if buyer wants to add more living space. A bonus family/sun room included. New windows were installed in this apartment which will certainly lessen utility costs! This house is FHA READY!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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---|---|---|---|
Loan Amount | $399,920 | $399,920 | $399,920 |
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 | $460 | $460 | $460 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,627 | $3,348 |
Total Monthly Payment | $3,063 | $3,162 | $3,883 |
* 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.