The perfect spot to call home! In a quiet neighborhood, close to town on an easy to maintain lot with public water and sewer. The living will be easy in this sweet, one level mobile home. There is an open concept kitchen and living room adjoined by a three season porch with a wood stove that will cut your winter fuel costs in half! Down the hallway you will find one smaller bedroom that could also serve as an office and a larger bedroom. There is a full bathroom in between the two bedrooms along with a washer hookup. The prior owner chose to use her private back yard to hang dry all her laundry, but a stackable washer and dryer unit would fit. Outdoors you will find a good sized yard, but not too big to make maintenance time consuming. There is a car port to keep your vehicle out of the weather, with additional space to store outdoor equipment. The home is not in a park which means no monthly fees or approval needed!! You don't want to miss the chance to check out this affordable housing!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $60,000 | $60,000 | $60,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $116 | $116 | $116 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $414 | $399 | $506 |
Total Monthly Payment | $605 | $590 | $697 |
* 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.