926 Southbridge Street #18, Worcester, MA 01610 (MLS # 73233054)

PRICE	$1,850
BEDS	2
BATHS	1
HOME SIZE	649 sqft
LOT SIZE	n/a

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Gorgeous, newly refurbished loft style 2 level penthouse unit. Great opportunity to live in one of Worcester's greatest Historic Buildings, the former Malvern Road School. This beautiful 2 bedroom unit in this converted schoolhouse combines the charm of yesteryear and the conveniences of modern condo living. Exposed brick, sun-drenched rooms, majestic beamed ceilings, gorgeous skylights, great kitchen that opens up to a living/dining area. Gorgeous brand new floors, brand new oven and dishwasher. Common laundry in finished basement. Well-maintained building with elevator and grand staircase. Brand new skylight windows and brand new central AC/Heating system. Walking distance to Holy Cross. Minutes from 290, 146, Mass Pike and Rt 20. No pets please. Good credit only please. Available June 1, 2024.

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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 Mia Fisher, Berkshire Hathaway HomeServices Commonwealth Real Estate

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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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Aprilian Homes

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926 Southbridge Street #18, Worcester, MA 01610 (MLS # 73233054)

926 Southbridge Street #18, Worcester, MA 01610 (MLS # 73233054)

TOTAL MONTHLY PAYMENT