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Renovated 1850's farmhouse on 85 acres in Craftsbury. Sellers have owned the property since the 1980's. They have installed a new foundation with a bulkhead, septic, drilled well, removed the lathe and plaster and have made a comfortable 3 bedroom 1 full bath home. Large eat-in kitchen, living room with wood stove, and a glassed in porch, It's lovely. Second floor has three large bedrooms with painted wood floors. and a walk-in closet at one end of the hall. They added a shed with woodshed extension. The property is on both sides of the road with westerly side rising from the house with overgrown pastures continuing to mixed mature woods. To the east is open pasture, and field continuing to the Black River. Enjoy the old trails through the woods, kayak the Black River, raise some animals and kids. So many possibilities. So much to enjoy. Sounds like home.
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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 | $340,000 | $340,000 | $340,000 |
| 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 | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $503 | $503 | $503 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,093 | $2,147 | $2,823 |
| Total Monthly Payment | $2,671 | $2,725 | $3,401 |
* 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.