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Welcome to This Spacious 5-Bedroom Home with In-Law Suite & Brand-New Roof! The main level features: 3 beds, 1 full bath, and an exercise room/laundry room off of the master bedroom. The open floor plan is enhanced by cathedral ceilings and hardwood floors, creating a bright and airy atmosphere throughout. The kitchen boasts modern cabinetry, center island with breakfast bar, SS appliances, granite countertops, and flows seamlessly into the main living room, ideal for entertaining. The main level Florida room leads to a generously sized sun deck, offering a perfect spot for morning coffee or evening gatherings. The lower-level in-law suite includes: 2 beds or 1 bed & storage or entertainment room, 1 full bath, living room, eat-in kitchen and its own Florida room with full walk-out to a private patio. It also has a separate entrance, providing privacy and comfort for extended family or rental potential. The private fenced-in yard, stamped concrete patio and above ground pool, makes this a great home for all of your outdoor needs, enjoy! Top it off with a 1 car garage, central air conditioning, natural gas heat, city water & sewer, and just minutes to Shopping, Dining, Hospitals, Mineral Spring Avenue, Rhode Island College, and Downtown Providence! WELCOME HOME!
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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 | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | $443 | $443 | $443 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,568 | $2,673 | $3,566 |
| Total Monthly Payment | $3,102 | $3,207 | $4,100 |
* 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.