Great neighborhood just outside of Conway Village offering a good value for the next family looking to own a cute ranch home on their own lot. Three bedrooms and two baths make up plenty of comfortable living space. The expansive lawn out front creates an inviting approach to the house and a large window in the living area brings in the sunshine. The kitchen offers an efficient use of space with a breakfast bar and is a nice complement to the living area. Down the hall are three bedrooms and a bathroom to complete the main floor. Downstairs is a finished family room with a cozy stove for heat and another private room with a bathroom. Just behind the family room is the laundry and mechanical room. Plenty of room behind the house for recreation and lots of space in the driveway for cars, boats and possibly a garage. Lots of opportunity for somoene to capitalize with some finishing touches!
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $239,200 | $239,200 | $239,200 |
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 | $252 | $252 | $252 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,453 | $1,453 | $1,890 |
Total Monthly Payment | $1,780 | $1,780 | $2,217 |
* 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.