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Perfectly suited for medical students and UMass Memorial Hospital employees, this thoughtfully updated apartment is conveniently located near UMass Memorial in a quiet neighborhood offering comfort, convenience, and modern finishes throughout. The apartment features top-of-the-line stainless steel appliances, a front-loading washer and dryer in-unit, and a modern gas fireplace that adds warmth and character. Enjoy a newly renovated contemporary bathroom, refinished floors, and an abundance of natural light throughout the unit. Drinking water and ice are filtered by multi-pure for added peace of mind. Additional highlights include plenty of on-street parking (with or without resident stickers) and a quiet, residential setting ideal for studying and unwinding after long shifts. A rare opportunity for a well-appointed rental close to UMass Memorial. Partially furnished. There are minimum credit and income requirements. There is a $47 fee for verifications.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,400
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
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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 | $1,920 | $1,920 | $1,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.990% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.120% | 5.541% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $11 | $12 | $15 |
| Total Monthly Payment | $86 | $87 | $90 |
* 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.