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Enjoy Lake Side Living at an affordable price!! This home is just steps away from one of the 3 beaches of Emerald Lake Village District, enjoy the lake view from the front porch, party in the large back yard, highlighted by a fantastic deck and fenced in area for pets or kids. Step inside to this bright & cheerful home with large kitchen with breakfast bar open to the living room and dining room - great floorplan for gatherings! First floor offers 2 bedrooms and spacious bathroom with large soaking tub and separate shower. On the 2nd floor you will find 3 rooms, a bedroom, an office and a humongous master bedroom and an additional bath. This home has been loved and well cared for! Large shed in back yard and 2nd gambrel cedar shed is negotiable. Wired for standby generator, central AC needs new condenser, heating system is only 2 months old! Don't miss out on this Lake Community Opportunity!!!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $279,920 | $279,920 | $279,920 |
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 | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $590 | $590 | $590 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,746 | $1,839 | $2,343 |
Total Monthly Payment | $2,411 | $2,504 | $3,008 |
* 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.