8 Washington St #1, Medford, MA 02155 (MLS # 73062375)

PRICE	$3,650
BEDS	4
BATHS	2
HOME SIZE	1,600 sqft
LOT SIZE	n/a

NEW RENOVATION- and it sparkles!! Steps to MEDFORD SQ- Busline to Boston. Lead compliant SPACIOUS 4 bedrooms 2 full bathrooms-1st floor laundry hookups. 1st floor is oversize living room (could be a 1st floor bedroom if needed) HUGE fully applianced NEW kitchen and a full bathroom. There is a front and rear staircase to the 2nd floor- home to 2 queen bedrooms and another full bathroom. Third floor is 2 more bedrooms or maybe you need some home office space. Just minutes from cafes, restaurants, shops, and more! Large fully applianced kitchen, Ceramic tile bathroom. Washer and dryer machines hookups ready in unit. First, and full Security. Tenant Qualifications include Good Credit, Good References, Non smokers, and Gross Household Income to exceed $103,000. Will consider a pet. No smokers. READY NOW.

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MORTGAGE CALCULATOR

TERM

SELLING PRICE

DOWN PAYMENT

INTEREST RATE

INSURANCE RATE

MONTHLY TAX

MONTHLY INSURANCE

TOTAL MONTHLY PAYMENT

Principal+Interest

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Listing provided by Cosmopolitan Team, Realty ONE Group Cosmopolitan

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Mortgage Calculator Help

You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

If you know the mortgage amount you can afford and the cash down payment percentage required, you can calculate the affordable real estate price.

Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

The term (duration) of the loan is expressed as a number of months.

60 months = 5 years

120 months = 10 years

180 months = 15 years

240 months = 20 years

360 months = 30 years

Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

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8 Washington St #1, Medford, MA 02155 (MLS # 73062375)

8 Washington St #1, Medford, MA 02155 (MLS # 73062375)

TOTAL MONTHLY PAYMENT