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Tucked at the end of a cul-de-sac neighborhood on a beautiful corner lot, sits this four bed, two-and-a-half bath center colonial. The home provides a traditional floor plan with generous first floor living space for today's lifestyle. Step into the entry foyer appointed with hardwood flooring, with living room and dining room on each side. An eat-in kitchen, with plenty of cabinetry opens to a gracious family room with new carpet and wood-burning fireplace. On the second level, there are three guest bedrooms, all with hardwood flooring, a hall bath, and primary bedroom with en-suite bath. The sliding glass doors in family room lead you to a private patio and park-like, expansive, fenced-in backyard. With just under a three quarter acre parcel, the property is private and great for backyard entertaining. The 16 X 24 shed, with 8 foot ceilings, is perfect for a workshop or artist's studio. Tons of storage space in lower level and full attic is a bonus. Centrally located, you are minutes to Navy Base, local beaches, restaurants, shopping, and a short drive to historic downtown Newport and harbor.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $703,200 | $703,200 | $703,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.246% | 6.110% | 5.952% |
| Monthly Tax Payment | $621 | $621 | $621 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,829 | $4,216 | $5,839 |
| Total Monthly Payment | $4,542 | $4,929 | $6,552 |
* 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.