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Presented by![]() Catherine Thompson |
Whitehall Farm Condominium Association is an owner-managed, 65-acre residential condominium complex comprised of 120 cluster homes located near Middletown's Sachuest Beaches. In 2021 major structural work to replace all roofs, all siding, all trim, and install water resistant barriers to all 120 units began and was completed in 2022. This unit also replaced the doors and windows, upgraded the fireplace to natural gas, and added central air conditioning during this renovation.
This 2-bedroom 2. 5-bathroom townhouse gives the illusion of an end unit as it has accessible patio space on the East, South, and West sides and it is perfectly situated among beautiful trees and spacious grounds with a vaulted ceiling, a gas fireplace, and lots of natural light in the living room. There is ample closet space, in unit laundry, and an attached one car garage with your driveway parking for an additional car or two. Close to some of RI's nicest beaches and plenty of great restaurants and shopping in historical Newport. Enjoy it as a year-round residence or seasonal retreat!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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Loan Amount | $475,200 | $475,200 | $475,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $349 | $349 | $349 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,082 | $3,202 | $4,074 |
Total Monthly Payment | $3,523 | $3,643 | $4,515 |
* 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.