Property Information

Crooked Island

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
(360 = 30 years) Submit

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

Two beach front lots - one spectacular property!

This beach house is the ideal getaway for an island retreat, directly on an immaculate white, sandy beach that stretches for miles.

The estate has a main house with 2 bedrooms and 2 bathrooms with an open floor living area that has windows throughout allowing the indoors to naturally flow to the outdoors on this expansive property. There is also a guest cottage with a bedroom and powder room and a detached garage. The house is being sold fully furnished.

The unique dome structure is very strong and rated for hurricanes up to category 5. There is energy efficiency in the house also with LED lighting.
The lot has 100 linear feet of white sandy beach. As a bonus there is vacant lot adjacent to this property also for sale also 100 feet in width along the beach.

This property is excellent for a family or corporate retreat, or as an investment property using vacation rentals. There is an airport less than 5 minutes away and a nearby town supplying essential items.

Come and experience life at the Sea Dome. The adjacent beachfront lot with 100 feet of beachfront is also included.

Amenities

• Beach Waterfront

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.

More info   All properties of this realtor

Real Estate Agent : Elbert Thompson