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Seller's are offering a $20, 000 rate buy down incentive for this beautiful, updated home on 5.32 acres in Franktown's BannockBurn community. What effect does a $20, 000 rate buy down have on the interest rate of a loan? This example is based on information available to a lender on 12 / 02 / 2023. Assuming a credit score of 740+, 20% down, a 30yr fixed rate loan and a base interest rate at 7.99, $20, 643 would buy down the rate to 6.875 making the P and I $4598. This picturesque property is completely fenced and ready for your horses or chickens. An idyllic location that boasts privacy and accessibility but is still only ten minutes to a grocery store. Beautiful hard wood and tile on the main floor illuminated by natural light from floor to ceiling windows in the main living space. Cook in your inviting kitchen with granite countertops and newer appliances or step out to either patio from the main level as both have plumbed natural gas for outdoor cooking enjoyment. Huge loft area. Freshly updated walkout basement could be a bedroom, office, theater room, its up to you! Upstairs master has a private balcony to enjoy the stars or a morning cup of coffee with the hummingbirds and the many other native bird species. The en suite is well appointed with a raised granite countertop and linen closet. The exterior was freshly painted in October making this home move in ready! The three stall stable and double wall insulated chicken coop (your fresh eggs will not freeze in winter) await your livestock. Grow your own food in the prepared garden space with mulch cover and drip hoses. Remember the raspberry patch, wild chokecherry bushes and even a fenced windbreak for bees. These 5+ acres and beautiful home await your homesteading heart.
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What effect does a $20, 000 rate buy down have on the interest rate of a loan? This example is based on information available to a lender on 12\/02\/2023. Assuming a credit score of 740+, 20% down, a 30yr fixed rate loan and a base interest rate at 7.99, $20, 643 would buy down the rate to 6.875 making the P&I $4598. This picturesque property is completely fenced and ready for your horses or chickens. An idyllic location that boasts privacy and accessibility but is still only ten minutes to a grocery store. Beautiful hard wood and tile on the main floor illuminated by natural light from floor to ceiling windows in the main living space. Cook in your inviting kitchen with granite countertops and newer appliances or step out to either patio from the main level as both have plumbed natural gas for outdoor cooking enjoyment. Huge loft area. Freshly updated walkout basement could be a bedroom, office, theater room, its up to you! Upstairs master has a private balcony to enjoy the stars or a morning cup of coffee with the hummingbirds and the many other native bird species. The en suite is well appointed with a raised granite countertop and linen closet. The exterior was freshly painted in October making this home move in ready! The three stall stable and double wall insulated chicken coop (your fresh eggs will not freeze in winter) await your livestock. Grow your own food in the prepared garden space with mulch cover and drip hoses. Remember the raspberry patch, wild chokecherry bushes and even a fenced windbreak for bees. 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