New Home! Never lived in, you can be the first! Welcoming you home is a classic farmers porch, offering a perfect spot to enjoy the picturesque surroundings and create lasting memories with family and friends. Situated on over 3 acres of sprawling landscape, this residence promises a tranquil and idyllic lifestyle for those who appreciate the beauty of nature and the charm of small-town living. As you enter the home there is a spacious mudroom, a great place to leave all your outdoor gear. Large open kitchen & living room with cathedral ceilings. Unwind in the spacious and meticulously designed three bedrooms, The primary bedroom boasts an ensuite bathroom. Built with an unwavering commitment to quality craftsmanship, this home reflects attention to detail and a dedication to creating a residence that stands the test of time. A unique feature of this home is the climate-controlled basement, versatile enough to serve as an impressive workshop or to be finished for additional living space. The attic makes for great additional storage. 5 Minutes to Milan School (an above average, excellent elementary school). 15 Minutes to town. Trail access from the driveway.
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $339,600 | $339,600 | $339,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $231 | $231 | $231 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,259 | $2,257 | $2,864 |
Total Monthly Payment | $2,565 | $2,563 | $3,170 |
* 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.