This Unit Can be Ready in 90 DAYS! Foundation is in! In Somerset Woods, A Planned Unit Development in Tolland, CT. Still Time to Customize this beautiful unit to your liking! Move Walls, Add Closets, We can make this unit just the way you want it. Somerset Wood's Broadmoor Model. Gorgeous NON-Age Restricted Development, Complete with city water, sewer, natural gas utilities and optional gas log fireplace in living room, 2 car garage and additional full basement with walkout and lower level brick paver patio, easy to finish into huge bonus room, home office, etc. 1st floor laundry plus 1/2 bath. Open floorplan, Generous sized bedrooms, 2nd floor is complete with 2 bedrooms, 2 full baths and a loft which is perfect for a home office. Deck off the main level. Snow removal and yard care included in HOA fee. (Photos shown are of similar units in our development that were already built and sold. Used as reference. photos may show upgrades that are not included in base price of this home). Somerset Woods is Perfectly Situated just 12 minutes to UConn, 20 Minutes to Hartford. Just minutes off the Highway for easy access to anywhere. Nearby Malls, Shopping, Restaurants, Golf, Recreational Facilities right down the street with indoor pools, fitness center and more. Reserve yours today! This unit may modified to a 3 bedroom. Inquiry within!
Type | Dimensions | Level |
---|---|---|
Bedroom 1 | 11.4 x 11.0 | Upper |
Dining Room | 10.0 x 13.0 | Main |
Kitchen | 10.9 x 10.0 | Main |
Living Room | 18.8 x 14.0 | Main |
Primary Bedroom | 15.9 x 12.5 | Upper |
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $384,000 | $384,000 | $384,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,620 | $2,552 | $3,238 |
Total Monthly Payment | $2,695 | $2,627 | $3,313 |
* 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.