First-time on the market in 37 years, this owner-occupied home radiates a warm and inviting feel, enhanced by the natural elegance of hardwood floors that adorn most of its living areas. Stainless steel appliances and granite countertops add a touch of luxe to the kitchen and bathrooms. Benefit from the modern convenience of recessed, dimmable lighting throughout and enjoy the efficiency of updated vinyl windows. The property goes above and beyond providing space for your vehicle with a 1-car parking garage that also doubles as additional storage space. The garage also houses an area for laundry. If you've been seeking a home that offers dual level living with the added advantages of a garage, a tour of this property should definitely be on your to-do list. Don't wait too long, you might just miss out on this rare opportunity. Positioned to offer ultimate commuter convenience, it boasts quick and easy access to major highways Route 3 and 495. This condo is VA approved.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
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Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $248,000 | $248,000 | $248,000 |
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 | 7.841% | 7.159% | 6.518% |
Monthly Tax Payment | $266 | $266 | $266 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,650 | $1,648 | $2,126 |
Total Monthly Payment | $1,991 | $1,989 | $2,467 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.