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Perfect alternative to housing for those attending Southern or Yale Universities. This lovely one bedroom unit at Fountain Court offers low taxes and common fees. Updated kitchen and bathroom with tile floors. There is a basement with a common laundry area and storage bin. A lovely detached garage makes it easy to park and store vehicle. Church is located directly across the street with a firehouse and post office just one block away. It is also just a matter of two short blocks to and from the Westville Center where you will enjoy fine dining, shopping and summer entertainment at the farmers market during the months of May-September and summer concerts at the Mitchell Library.
Type | Level |
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Dining Room | Main |
Living Room | Main |
Primary Bedroom | Main |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
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Loan Amount | $151,200 | $151,200 | $151,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $246 | $246 | $246 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $956 | $993 | $1,266 |
Total Monthly Payment | $1,277 | $1,314 | $1,587 |
* 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.