Feel like you have stepped back in time with all the modern amenities in this custom built authentic Royal Barry Wills home on a corner lot in downtown Durham. This exquisite home is ready for you to start making your own memories and stories. From the moment you drop your bags and kick of your shoes in the mudroom you will feel how special this home is. They say the heart of the home is the kitchen, and this masterpiece is no exception, custom kitchen features Jerusalem stone counter tops, imported Italian tile backsplash, large island with Richlite and marble counter tops, copper farmers sink, double wall oven, Viking gas cooktop this kitchen is meant for entertaining. Steps away from the kitchen your guests can relax in the sitting area with one of 5 fireplaces in the home which you can cook meals in. Sitting area offers wood beam ceilings, a large window overlooking the backyard and a "Mr. Ed" door opening to the patio area. Or enjoy meals in the formal dining room with a cozy fire and beautiful wood accents. Grab a book in the office/study and retire to the living room where you can relax by the fire. Upstairs you will find three good-sized bedrooms, two with fireplaces and each with their own bathroom. Wide pine floors throughout home, Plaster walls and original woodwork. Looking for an in-law suite, look no further this home has a sunny one-bedroom apartment with its own kitchen and living room with separate entrance.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $772,000 | $772,000 | $772,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.790% |
Monthly Tax Payment | $1,123 | $1,123 | $1,123 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,691 | $5,071 | $6,778 |
Total Monthly Payment | $5,906 | $6,286 | $7,993 |
* 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.