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ASSUMABLE MORTGAGE, a fantastic financing opportunity with a low interest mortgage for this 3 BR, 2. 5 BA, townhouse. This end unit has 1, 531' sf of living space and a 1 car attached garage. The architectural style of the living room with fireplace, vaulted ceilings, lots of windows and openness to the second level promotes a sense of spaciousness and increases natural light. The primary bedroom suite can easily accommondate a king sized bed and more, has lots of closet space, en-suite bathroom, and sliders leading out to a very large balcony with beautiful southwest views overlooking the golf course. There's a mix of hardwood and tile floors, thermopane energy efficient windows, large screened-in porch with ceilling fan, and outside brick patio for the grill. This unit is located at the end of a cul-de-sac in a private setting, overlooking the golf course and first tee to the south and a small pond to the east, and only steps away to the clubhouse. There is also a generous number of guest parking available. Farmington Woods is a resort-like gated community with an 18-hole USGA golf course, clubhouse and full service restaurant, pools, tennis, paddle tennis, pickleball, miles of sidewalks for safe walking/jogging. It's a lifestyle for all to enjoy. The monthly HOA is $527. 53, Cable/Internet is $54. 19/mo, Restaurant minimum is $35/mo, and Quarterly District tax is $743. 25.
| Type | Description | Dimensions | Level |
|---|---|---|---|
| Bedroom 1 | Ceiling Fan,Hardwood Floor | 10.6 x 12.0 | Upper |
| Bedroom 2 | Ceiling Fan,Hardwood Floor | 10.6 x 11.0 | Upper |
| Dining Room | Patio/Terrace,Sliders,Hardwood Floor | 11.0 x 11.6 | Main |
| Living Room | Vaulted Ceiling,Fireplace,Hardwood Floor | 12.6 x 16.0 | Main |
| Primary Bedroom | Balcony/Deck,Bedroom Suite,Ceiling Fan,Sliders,Hardwood Floor | 13.0 x 14.0 | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.463.1745
Russell.Baboff@raveis.com
NMLS Mortgage Loan Originator ID 1014636
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.507% | 6.649% | 6.026% |
| Monthly Tax Payment | $577 | $577 | $577 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,847 | $1,894 | $2,491 |
| Total Monthly Payment | $2,499 | $2,546 | $3,143 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.