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Back on market due to buyer finance issue. This home is in highly desirable East Rochester, and you'll enjoy one floor living in a ranch! This house is perfect for the first time buyer or if you're downsizing. Enter through the mudroom/den which leads right to the sizable kitchen, then flows into the dining/living room. Rooms are surprisingly spacious with excellent opportunity for entertaining. Bedrooms are to the rear of the home and the primary is very large. Second bedroom is smaller, great for office, child or guest room. Current owners use as an office. Step outside the sliding doors to your 10x11 deck, and you'll find a magnificent (installed into the natural gas line - never run out of gas again!) Napoleon grill. The outdoor enjoyment continues with the private yard great for yard games, kids and pets. Oh and don't forget the smokeless fire pit. The home is situated in a nice residential neighborhood and has a mostly level large backyard that abuts a wooded area of acres of land in the back of the property. Water collection cistern system is under the deck making watering your garden a snap. ""SHOWINGS START RIGHT AWAY***** DON'T MISS THIS ONE!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $284,000 | $284,000 | $284,000 |
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 | 7.019% | 7.050% | 6.152% |
Monthly Tax Payment | $389 | $389 | $389 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,772 | $1,866 | $2,377 |
Total Monthly Payment | $2,236 | $2,330 | $2,841 |
* 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.