Exceptional 3-bedroom ranch in the sought-after Echo Acres community! This single-level home boasts a totally renovated kitchen featuring upscale appliances and stunning cherry cabinets. The focal point of the living room is the charming brick fireplace, flanked by built-in shelves. The main bath has also been completely updated with a luxurious jetted tub and new fixtures. The lower level features a beautifully finished family room, laundry room, and walk-in tiled shower bath. Most systems have been updated within the last 8 to 10 years, ensuring peace of mind for years to come. Outside, a private deck and flower garden provide a serene retreat, while the wooded front yard offers privacy and natural beauty. The property also includes a 2-car garage, central air conditioning, and a generator for added convenience. As a resident, you'll have shared private access to the Saco River, perfect for outdoor enthusiasts. Room dimensions are approximate. Homes in this neighborhood don't come on the market very often. Don't miss your chance to own this exceptional home in a prime location. Schedule your private showing today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $518 | $518 | $518 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,552 | $2,552 | $3,319 |
Total Monthly Payment | $3,162 | $3,162 | $3,929 |
* 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.