NEW ON THE MARKET in Town of Newburgh's highly desirable Meadow Winds community, is this spacious 2 Bed 2 Bath condo! A 2nd floor end unit condo features a private entrance, split Bedroom floor plan, open living with combination Living and Dining Rooms with dramatic cathedral ceiling and hardwood floors, slider to private deck and open to a fully applianced Kitchen with an abundance of cabinets plus pantry, huge Primary Bedroom with sitting area perfect for work at home, 3 closets including walk in and full Bath with shower, conveniently located full size washer and dryer, 2nd Bed and full Bath. The community offers a swimming pool, tennis and basketball courts , perfectly located providing effortless access to major highways - NYS Thruway and Rt 84, shopping centers, and public transportation Bus, Metro North Train, Beacon Station. Priced to sell don't miss the opportunity to buy this lovely condo and make it your new home! ConstructionDescription: Vinyl Siding, Flooring: Carpet,
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William Raveis Mortgage, LLC
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $248,000 | $248,000 | $248,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $289 | $289 | $289 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,650 | $1,629 | $2,091 |
Total Monthly Payment | $2,014 | $1,993 | $2,455 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.