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Sprawling ranch in Tiverton with endless potential! This 4 bedroom, 1 full & 2 half-bath home offers a spacious open floor plan with 2 fireplaces- 1 brick & 1 w/ a Harman pellet stove insert in the family room, complete with built-in bookcases. Natural light pours in through 5 tubular skylights, enhancing the spacious feel. Major updates bring peace of mind: newer roof, new oil tank, newer well pump (3 yrs), hot water heater, water filtration sys. , (1 yr), and a new HVAC sys. with heat pump & cen. air. Owned solar panels add to the efficiency, and the home is well insulated. Making this home energy -efficient and cost effective! Enjoy outdoor living on the oversized 12X 34 composite deck or relax on the patio. The hardy board exterior adds durability. A 3-car garage includes an 11- foot ceiling in the 3rd bay, ideal for oversized vehicles or a workshop. The lower level offers an additional 2500 SF w/ high ceilings, numerous windows, and excellent potential for in-law apt. Septic sys. (2012) & priv. well are in place. Set on a beautiful corner lot of over an acre, this home is convenient to local amenities and scenic coastal spots! Home is a work in progress, ready for its next custodian! Call today to set up a showing!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $388,720 | $388,720 | $388,720 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.583% | 6.533% | 5.764% |
| Monthly Tax Payment | $392 | $392 | $392 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,299 | $2,425 | $3,174 |
| Total Monthly Payment | $2,766 | $2,892 | $3,641 |
* 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.