Welcome to this cozy and beautifully updated 1-bedroom, 1-bath condo located in the highly desirable Balmoral Condominiums. This spacious home boasts a bright and airy loft-style bedroom that overlooks the open living area below with brand new carpet. Fresh paint throughout the condo brightens the space and enhances its inviting atmosphere. The unit features stunning hardwood floors throughout lower level, adding warmth and character to the space. The inviting living room opens up to a private deck, offering a serene spot to relax and enjoy the surrounding nature. The partially finished basement offers additional versatile living space, perfect for a home office, gym, and extra storage. The meticulously landscaped grounds enhance the condo's curb appeal, and the property is conveniently located near local shops, restaurants, and outdoor recreational spots, providing both comfort and convenience. Don’t miss the opportunity to own this charming, low-maintenance condo in a sought-after community. Showings start with an open house on Sunday 11/24/24 from 12-2 pm. Schedule a showing today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $247,200 | $247,200 | $247,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $273 | $273 | $273 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,645 | $1,643 | $2,120 |
Total Monthly Payment | $1,992 | $1,990 | $2,467 |
* 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.