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Welcome to this charming 4-bedroom Cape, complete with a detached garage, and located in the Eden Park neighborhood of Cranston. A commuter's dream with easy access to Rt 95 and Rt 10. Enter through the sun-soaked living room with a cozy fireplace and beautiful hardwood floors. The eat-in kitchen was completely renovated in 2022 with granite countertops, new cabinets, and new appliances. The two large bedrooms located on the first floor boast recently refinished hardwood floors. A full bath completes the first floor. The remaining bedrooms, complete with beautifully refinished hardwood floors, and a half-bath, complete the second floor. Located minutes from a multitude of dining and shopping options. The roof is less than 10 years old, which is one of the many updates this home offers. Please see the attached list of improvements.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $315,120 | $315,120 | $315,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 7.000% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.176% | 6.298% |
Monthly Tax Payment | $344 | $344 | $344 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,992 | $2,097 | $2,659 |
Total Monthly Payment | $2,411 | $2,516 | $3,078 |
* 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.