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Welcome to this beautifully updated 3 bedroom, 2 bath raised ranch set on a well-positioned corner lot in West Warwick. This home features an inviting open layout with a spacious, updated kitchen complete with granite counter tops, stainless steel appliances, and gleaming hardwood floors, perfect for everyday living and effortless entertaining. The lower level includes a second full bath and a comfortable bonus living area that adds valuable extra space for relaxation or recreation. Enjoy peace of mind with a newer roof, vinyl siding, and a beautifully tiered deck featuring brand-new composite decking, ideal for relaxing outdoors or hosting gatherings. With its modern updates, functional layout, and prime corner-lot setting, this home is a wonderful opportunity in a convenient West Warwick location. **Subject to seller finding suitable housing /seller is already under contract to purchase. **
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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 | $360,000 | $360,000 | $360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.571% | 6.533% | 5.668% |
| Monthly Tax Payment | $396 | $396 | $396 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,130 | $2,246 | $2,918 |
| Total Monthly Payment | $2,601 | $2,717 | $3,389 |
* 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.