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ON THE POND! Boat lovers take note. A private dock and boat ramp just steps away from the front door of this charming 3 bedroom, 2 1/2 bath house smack dab on the waterfront of Johnson's Pond. Walls of glass present stunning views of the pond and the open, flexible floor plan offers quarters for extended family and guests or income if desired. Idyllic out of doors features include an expansive terrace and waterside deck for summer's eve al fresco dining and entertaining. Warm yourself by the fire pit on cool evenings or after a quick dip. The many home improvements that further enhance this waterfront home include an updated kitchen, new roof, new patio, and new flooring and fresh interior paint throughout. Baseball light fixture on front bedroom ceiling does not convey. A mid-September closing is preferred.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $551,200 | $551,200 | $551,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | $671 | $671 | $671 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,529 | $3,663 | $4,648 |
Total Monthly Payment | $4,292 | $4,426 | $5,411 |
* 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.