Property Information

62 Indigo Town House Complex

Loan Amortization Calculator

You can use this loan calculator to work out what your monthly repayments might be for various loan amounts, repayment periods and annual interest rates. This can help you decide whether you can afford the repayments.

Loan Amount ($) Interest Rate (APR) Number of payments
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An amortization schedule reveals the specific dollar amount put towards interest, as well as the specific put towards the Principal balance, with each payment. Initially, a large portion of each payment is devoted to interest. As the loan matures, larger portions go towards paying down the principal. The first payment is assumed to take place one full payment period [one month] after the loan was taken out, not on the first day of the loan. The last payment completely pays off the remainder of the loan, often the last payment will be a slightly different amount than all earlier payments. In addition to breaking down each payment into interest and principal portions, the amortization schedule also reveals interest-paid-to-date, principal-paid-to-date, and the remaining principal balance on each payment date.

There are a few crucial points worth noting when obtaining a mortgage for a home with an amortized loan. First, there is substantial allocation of the monthly payments toward the interest, especially during the first years of the mortgage. You will notice that the first payment allocates about 90% of the total payment towards interest and only about 10% toward the principal balance. Not until much later payments into the loan does the payment allocation towards principal and interest even out and subsequently tip the majority of the monthly payment toward Principal balance pay down.

Description

This Lovely well maintained 3 Unit Apartment Complex includes 1 main Townhome, 4 Bedroom 4.5 Bathroom and 2 Units each with 2 bedroom 2.5 bathroom within a contemporary style complex . These were built in 2011 and sits on 7,200 sq. ft in Indigo at Orange Hill, Western New Providence.

These beautiful Townhouse are being sold fully furnished with a mixture of porcelain tiles downstairs and carpet upstairs, open floor plan living and dining area, fully equipped kitchen with Hardwood cabinets, Granite Countertops and stainless steel appliance, washer and dryer, cable TV and wireless internet. A great bonus is the Hurricane Impact Windows!

These Hilltop Town House Units allows amazing views of the ocean, lake or our lovely tropical vegetation and enjoy as well tropical breezes.

This is a great investment property and is located in a lovely gated community with only 100 lots. Indigo is a high-end neighborhood with a security entrance gate, communal swimming pool and tennis courts and a very nice kids playground. The white sandy beaches are only across the street where you can absorb the sunbeams and listen to the musical sounds of the soft waves.

the property is also in close proximity to other exciting major developments including, Caves Point, Caves Village, Allure and the soon to come, Caves Heights! Also nearby are fine dining, great shopping, gourmet market, banks, gym and much more. The Lynden Pindling International Airport is only a few minutes away!!

Call us today to view this great investment property with over $110,000 in rental income per year!!

Amenities

• Children Allowed
• Furnished
• Gated Community
• Hill Top View
• Pets Welcome
• Turn Key

Pictures / Photos

Real Estate Company : HG Christie Real Estate

Established in 1922, H.G. Christie Ltd. is the oldest and most extensive real estate service in The Bahamas and because of our consistently high level of service, we are also the exclusive affiliate in The Bahamas of Christie's Great Estates, the real estate arm of the world-renowned Christie's Auction House.

We have an incomparable collection of listings for your consideration, and we would be pleased to help you discover your own way to enjoy Elegant Island Living.

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Real Estate Agent : Martina Reichardt