Brilliant Burncoat Bungalow new to the market! This classic Worcester home seamlessly combines original charm w/ modern updates. Cabinet packed kitchen with stainless steel appliances, designer granite, custom movable island and recessed lighting. Front section of the home comprised of large formal dining room and living room featuring original builtins and inviting window seat. Substantial front porch perched above Calumet Ave on the front of the home. Bright first floor primary bedroom with walk in closet. A contemporary full bathroom and rear deck complete the main floor. A really well thought out second floor includes another updated full bathroom and 2 cozy bedrooms. Brand new boiler being installed week of 9/30. Huge driveway for ample parking. Mature plantings surround the home and manageable size side and backyard wrap up the outdoor space. Easy access to the highway for commuters. Enjoy all Worcester has to offer. Quick close possible to enjoy before the holiday season
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
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 | $316,000 | $316,000 | $316,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $391 | $391 | $391 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,971 | $1,920 | $2,497 |
Total Monthly Payment | $2,437 | $2,386 | $2,963 |
* 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.