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Opportunity awaits with this 2 bedroom, 2 bathroom Colonial seeking the next family to call it their home. Situated in the Oakland Beach community, close proximity to numerous amenities including restaurants, coffee shops, grocery stores, recreation centers, etc. A short drive to Oakland Beach and famous Iggy's Doughboys and Chowder House. This property is the perfect starter home. Open the front door and be welcomed home. The first floor consists of a living room, dining room, kitchen, and a full bathroom. The second floor consists of two spacious bedrooms and a full bathroom. The property provides ample storage space in the full basement. The backyard is fenced in and ready to be transformed into your private sanctuary. Don't wait on your chance to make this property your own and schedule your showing today! - Subject to Sellers Obtaining Suitable Housing
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $268,000 | $268,000 | $268,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.050% | 6.152% |
Monthly Tax Payment | $329 | $329 | $329 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,672 | $1,761 | $2,243 |
Total Monthly Payment | $2,076 | $2,165 | $2,647 |
* 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.