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Why rent when you can own? Start building your own equity instead of paying your landlord's mortgage - or take advantage of a fantastic income-generating investment opportunity! This easy-to-maintain condo offers affordable living in an incredibly convenient location. Commuters will love the quick access to the Wilbur Cross Parkway (Route 15), Interstate 91, and Interstate 691, making travel throughout Connecticut simple and efficient. One of the biggest perks? This home is located in Wallingford, known for its exceptionally low electric costs, helping keep monthly expenses even more affordable. When it's time to relax, enjoy everything the area has to offer just minutes from your door - outdoor dining at Wallingford's vibrant downtown restaurants, scenic walks or bike rides along the picturesque Quinnipiac River Linear Trail, and live entertainment at the nearby Toyota Oakdale Theatre. Whether you are looking for your first home, downsizing, or adding to your investment portfolio, this condo offers comfort, convenience, and easy living in a location that truly has it all!
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:
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For homebuyers and sellers, our Attorney Network:
$145,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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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 | $116,000 | $116,000 | $116,000 |
| 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 | $170 | $170 | $170 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $714 | $732 | $963 |
| Total Monthly Payment | $959 | $977 | $1,208 |
* 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.