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Presented by![]() Pam Mandelburg |
Three separate lots on the water that are high and dry and have never flooded. The Cheshire Canal runs right past this cozy home. The two extra lots are buildable. The owner has special landscaping that is watered from a well. He has recently put up new pool solar panels so you have a solar heated salt water pool. Other recent upgrades include a new fence in the rear and the roof and gutters are only 2 years old. The home has an updated alarm system. The owner is planning on putting down new flooring soon. The master has a sliding glass door to the pool area. The living room and the bedrooms also have sliding glass to the pool, making the pool and canal the focal point.
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Our Executive Mortgage Banker:
Our Insurance Division:
$680,000
Sales Associate
William Raveis Real Estate
Phone: 860.984.5886
Pam.Mandelburg@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $544,000 | $544,000 | $544,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $447 | $447 | $447 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,350 | $3,574 | $4,517 |
Total Monthly Payment | $3,889 | $4,113 | $5,056 |
* 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.