Step into the classic charm of Brooklyn living with this spacious three-bedroom Co-Op located in the historic and desirable area of Clinton Hills. Enjoy the characteristics of a bygone era while relishing the vibrant energy of one of Brooklyn's most desirable neighborhoods. This generously sized Co-Op features three bedrooms, a spacious living room and a separate cozy kitchen. , high ceilings, hardwood floors throughout and original moldings. Great windows which let in amazing natural light. Convenient access to public transportation with subway station and bus stops within one block away. The Supermarket is walking distance as well as a vast array of shops, cafes and dining. This Coop is located on the 3rd floor of a 5-story walk-up. Subject to HDFC guidelines, applicants' annual income cannot exceed amounts indicated below: Family size 1: $118, 680 Family size 2: $135, 660 Family size 3: $152, 320 Family size 4: $169. 440.
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,547 | $3,503 | $4,459 |
Total Monthly Payment | $3,639 | $3,595 | $4,551 |
* 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.