Welcome to the Lakes Region and Locke Lake Colony! This first time on the market home, features 2 bedrooms and a full bath on the second floor, along with a convenient half bath on the first floor. An additional bonus room on the second floor offers flexibility for whatever suits your needs. Enjoy seamless indoor-outdoor living with easy access from the dining room to a deck, perfect for grilling and dining. As part of the Locke Lake Colony community, you’ll have access to the many amenities it has to offer. Cool off in one of the two in-ground pools, with one just down the street. Relax at one of the many private beaches, or take advantage of the community’s golf course, baseball field, tennis/basketball courts, and beach-front pavilions. The marina and boat launch provide easy access to the lake for boating enthusiasts. In the winter, you can enjoy ice fishing on the community’s two lakes. Additionally, the clubhouse overlooking the lake offers a perfect spot for gatherings and entertainment. This home provides not just a living space but recreational opportunities and a vibrant community lifestyle year-round. There is an Open House on 09/21/24 11: 00am - 1: 00pm
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $303,920 | $303,920 | $303,920 |
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 | $363 | $363 | $363 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,022 | $2,020 | $2,606 |
Total Monthly Payment | $2,460 | $2,458 | $3,044 |
* 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.