Home is located in upstate NY approx 70 miles North of NYC in the Riveredge Community. Beautiful brand new home featuring 3 nice size bedrooms and 1 full bathroom. Spacious open floor plan that flows well through the kitchen, dining nook and living room giving you an open and airy feel. Primary bedroom sits on one side of the home along with the full bathroom and the additional two bedrooms are on the other side of the home offering privacy. The photos provided are of another home - color selections and flooring will differ from photos. Pictures will be updated as soon as the first home is set, we have 6 homes scheduled to arrive this Spring. Includes all appliances, fridge, stove, dishwasher and microwave. Land is not included, land is leased. Less than 70 miles to NYC, 4 miles to Bloomingburg and 12 miles to Middletown. Close to 84, 17 & trains and buses to NYC. Call now this one will not last at this price.
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Our Executive Mortgage Banker:
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$59,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
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 | $47,200 | $47,200 | $47,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $314 | $314 | $398 |
Total Monthly Payment | $389 | $389 | $473 |
* 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.