Welcome to a beautiful privately appointed property. The Gaviat community provides a secluded setting to call home and leisure. The HOA access to Bow lake (Docks/Morings/Beach) provides the best lifestyle option to live where you play, all that with a striking residence to call your own. The dwelling boasts an oversized primary suite with a private 3/4 bathroom and 2 walk-in closets on the second floor. The other 3 bedrooms and an additional full bathroom complete the upper floor. On the main floor, the open concept layout provides an elegant and functional flow for any family to either relax or entertain. The deck extands your living space to the outdoors right off the dining area. The fully fenced private backyard provides you with a secure space for your four legged family members. The property is also well situated within 5 minutes of both the Elemantary/Middle school and renowned Coe-Brown High School. Welcome to Northwood.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
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 | $667 | $667 | $667 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,592 | $3,456 | $4,385 |
Total Monthly Payment | $4,351 | $4,215 | $5,144 |
* 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.