Property is a retired garage with a living space. There are approximately 3bedrooms, 1bathroom and a total of 4,174 sq.ft. The property is located in the rural town of Hubbard Lake and is right around the corner from the Lake. Estimated Monthly Payment: $436.00 (Taxes and insurance premiums not included; actual monthly payment will be greater; see terms below) Price: $41,900. Cash to Close: 10% of the purchase price. Loan Origination Fee: 1% (min. $650). Financed Amount: Sale price less the 10% down payment. Amortization: Typically 15 Years. Interest Rate: 11% or better, depending on credit (11% is used here as an example). APR: 11.63%. ***EQUAL HOUSING LENDER***
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