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Nestled in a tranquil and sought-after neighborhood, this beautifully maintained Colonial-style home offers a perfect blend of comfort and convenience. Boasting 5 spacious bedrooms and 3 well-appointed bathrooms, this home is ideal for both family living and entertaining. The generous, open layout provides plenty of space to gather and relax, while the large, flat backyard offers the perfect space for outdoor enjoyment. Whether you're hosting a summer BBQ, playing sports, or simply unwinding, this expansive yard is a true highlight. Other features include a two-car garage, with plenty of room for vehicles and storage, and the home's immaculate condition, which makes it move-in ready. Location is everything, and this home is ideally positioned. A short walk will take you to Nayatt School and Barrington Beach, perfect for families and beach lovers. Additionally, you're just moments from the Rhode Island Country Club, Barrington Yacht Club, and an array of fantastic shops and restaurants. This home presents a unique opportunity to live in one of Barrington's most desirable areas. Don't miss out schedule a tour today!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $1,180,000 | $1,180,000 | $1,180,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.764% | 6.435% |
Monthly Tax Payment | $1,428 | $1,428 | $1,428 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,886 | $7,556 | $10,118 |
Total Monthly Payment | $8,439 | $9,109 | $11,671 |
* 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.