AFFORDABLE 2 BEDROOM RANCH HOME IN MARLBORO ON 1. 2 ACRES OVERLOOKING HUDSON RIVER WITH PRIVACY. . . 1008' sq. ft. of living space with central air condition 336' sq. ft. sunlight filled seasonal room from the multiple windows and high ceilings plus 900' sq. ft. recreation area in the basement. Additional unfinished storage area on lower-level with separate access. Main floor has a spacious eat-in kitchen with plenty of cabinets and semi-open floor plan next to living room. 3 more rooms w/closets plus full bathroom w/tub and seasonal room w/2 sliders, one opening into the kitchen and the other opening to front covered porch currently used as entrance to the house. Spacious deck for family gatherings overlooking the Hudson River w/seasonal river views. Easy access location to the town, services and amenities and short drive to Poughkeepsie Metro North train station. Additional Information: HeatingFuel: Oil Above Ground, ConstructionDescription: Vinyl Siding, Flooring: Carpet,
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $263,920 | $263,920 | $263,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $661 | $661 | $661 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,756 | $1,754 | $2,263 |
Total Monthly Payment | $2,492 | $2,490 | $2,999 |
* 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.