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Don't miss out on this Estate sale. This oversized Raised Ranch is perfect for the large or extended family. It is located in the
Longmeadow area of Warwick and is a 3-minute walk to Narragansett Bay. This well-structured home offers 3 bedrooms, a full bathroom, a living room, a dining room with access to a wooden deck, and a very large kitchen with a dinette area, and a large rec room on the first floor. The basement is finished with a bar in the family room, a half bath, 2 guest rooms, plenty of storage, and walkout access to the large backyard. There are 3 extra storage units for all your tools, yard equipment, motorcycles, bicycles, workshop, etc. . . Let's make this your new home.
Home inspection will be for informational purposes only.
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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 | $399,920 | $399,920 | $399,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.776% | 6.078% |
| Monthly Tax Payment | $435 | $435 | $435 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,462 | $2,561 | $3,348 |
| Total Monthly Payment | $2,972 | $3,071 | $3,858 |
* 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.