This pristine colonial is located in one of New London's nicest neighborhoods. Many recent updates make this home move-in ready. The chef's kitchen has stone countertops, high end stainless appliances, including a gas range and a large center island. The kitchen is open to a wonderful family room with wood burning fireplace and adjacent to the formal dining room. Completing the first floor is a formal living room with gas fireplace and a sunroom with tile floors overlooking the perennial gardens and a heated in-ground salt water pool. Upstairs you will find a primary bedroom suite with walk-in closet and an updated bath with jetted tub, a separate walk-in tile and glass shower, and double sinks. There are 3 additional bedrooms and a 3/4 bath upstairs. This spacious home also has a partially finished lower level, large bonus room above the 3-car attached garage with heat/ac, a mudroom, laundry room with soapstone sink and a pool/garden shed. State approved 3 bedroom septic system. First showings at OPEN HOUSE Saturday 10/12/24 from 11-1pm
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $716,000 | $716,000 | $716,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $802 | $802 | $802 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,122 | $4,526 | $6,042 |
Total Monthly Payment | $5,016 | $5,420 | $6,936 |
* 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.