Property Information

The Castle

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

The Castle is a modern majestic island home set hilltop at Oceania Heights. This lavish home with its unique architectural design boast 360 degrees of ocean views. It�s eastern harbor views greets a glorious sunrise over Elizabeth Harbor. Having a total living area of approximately five thousand (5000) square feet; the home comprises 3 spacious bedrooms and three and a half baths. The floors are covered in rich Porcelain throughout, the kitchen is fully equipped with stainless steel appliances and granite countertops. The living and dining rooms and kitchen are on the first floor and the bedrooms are on the second floor. Adding to this luxurious home are its infinity pool, a comfortable natural stone covered back deck, double car garage and lush landscaping. The home is offered fully furnished and is readily livable. Oceania Heights is a gated community located near the international airport and some 7 miles west of George Town. The beautiful s Tar Bay beach is less than a 3-minute drive away and is a brisk 10-minute walk. HOAs are minimal and the community is very relaxed, quiet and pristine. Call us to make this marvelous home yours!

Amenities

• Beach Access
• Central A C
• Children Allowed
• Foreclosure
• Furnished
• Garage
• Gated Community
• Hill Top View
• Impact Resistant Windows
• Pets Welcome
• Semi Furnished
• Spa Jacuzzi
• Swimming Pool
• 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.

More info   All properties of this realtor

Real Estate Agent : Krystle Rodgers