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Wilton lot of over an acre on Burton Highway. This lot apparently used to house an old mobile home a LONG TIME AGO and some other sort of structure AN EVEN LONGER TIME AGO as there are remnants of an old stone foundation and you can kind of tell where the old mobile was. There's even an old dug well there, but no idea whatsoever about any kind of old septic. This lot touches the corner of the mill brook but the home site is well above the water. Very peaceful to listen to the moving water below, though! Although it is only just over an acre, it is a triangular lot and there is a nice berm at the side of Burton Hwy offering a fairly decent and private home site. This lot is NOT in current use tax status, so no penalty for building a new home there and there are no covenants requiring you build a massive house and no HOA telling you what to do! Buyers will have an opportunity to perform any and all due diligence desired to determine if the lot will be right for them. The stream at the upper edge appears to be the approximate boundary. There is a metal rod at the side of the road for the upper edge and it is wrapped in yellow duct tape and there is a tree wrapped in duct tape near the approximate lower boundary (probably the culvert but a surveyor should be contacted to confirm. ) Water pictures are of Mill Brook at bottom point of the property. Home and another lot also being offered by the same family as well if you are looking for several lots close together.
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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 | $140,000 | $140,000 | $140,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.557% | 5.990% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $839 | $873 | $1,153 |
| Total Monthly Payment | $914 | $948 | $1,228 |
* 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.