Presented byAndrew Whiteley - Team AFA |
Fantastic opportunity to own your beach home in the coveted neighborhood of Green Hill. Start enjoying the beach, warm summer nights, views of the Atlantic Ocean, Green Hill Pond and the most sensational sunsets from this charming 1930s beach cottage. Sited in a prime location that offers quick and easy access to Green Hill Pond and Green Hill Beach which is just 350 feet from your front door. Enjoy all of Rhode Island with Newport and Providence just 45 minutes away. 35 minutes to TF Green, 3 hours from New York and 2 hours from Boston. Steps to the beach and close to the area's best restaurants, shops, boating, wildlife, hiking, tennis, farm stands, major highways, etc. make this the perfect coastal retreat.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,115,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 203.258.1595
Andrew.Whiteley@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.913.1633
Jorge.Rivera@Raveis.com
NMLS Mortgage Loan Originator ID 12303
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $892,000 | $892,000 | $892,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 7.000% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.481% | 7.103% | 6.915% |
Monthly Tax Payment | $671 | $671 | $671 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,492 | $5,935 | $7,893 |
Total Monthly Payment | $6,288 | $6,731 | $8,689 |
* 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.