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Presented by
Tery Pedro-Matrone |
Consider the advantages of homeownership over renting in the attractive community of Bristol. This 2-bedroom condo at The Courtyard puts you in the heart of East Bay. The unit is designed for easy single level living with an open feel, in-unit laundry, no more trips to the basement or laundromat and a dedicated parking spot just steps from your door! Sit and relax or read a book in the peaceful courtyard located at the center of the complex. Convenient location to restaurants, schools, golf, and shopping.
PLEASE NOTE: This is an affordable housing unit subject to specific income and resale restrictions. Buyers must meet eligibility requirements to qualify. This is a unique opportunity to own for less than the cost of renting!
The current income limits that the buyer household will need to fall beneath are as follows:
1 person = $64, 050
2 person = $73, 200
3 person = $82, 350
4 person = $91, 450
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$195,773
Broker Associate
William Raveis Real Estate
Phone: 401.499.8245
TeryPedro.Matrone@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 860.625.5780
Brianna.Turgeon@raveis.com
NMLS Mortgage Loan Originator ID 2104486
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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 | $156,618 | $156,618 | $156,618 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $170 | $170 | $170 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $926 | $952 | $1,269 |
| Total Monthly Payment | $1,171 | $1,197 | $1,514 |
* 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.