Property Information

Lot 295 West Winds Unit 2

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

Spacious and well designed Townhouse within the quiet gated community of West Winds.

This 3 bed 2.5 bath unit features a kitchen with granite counter tops, solid wood cabinets and stainless steel appliances.

The ground floor offers 24 porcelain tiles, laminate flooring on the second floor, 10 foot ceilings, recessed lighting, impact resistance windows and doors throughout. The bathrooms also include granite counter tops and floor to ceiling tiles. In addition there is a convenient washer & dryer and central air conditioning.

The backyard is outfitted with beautiful patio furniture and grill was perfectly designed to entertain guest or enjoy a relaxing weekend at home.

This is an excellent opportunity for brand new construction in a secure and private neighborhood. Amenities include, a large pool, tennis court, gazebo and bathrooms. Close proximity to beaches, restaurants and more.

Call today to make this your home!

*unit to be completed July

Amenities

• Central A C
• Clubhouse
• Enclosed Yard
• Furnished
• Gated Community
• Impact Resistant Windows
• Semi Furnished
• Swimming Pool
• Tennis Courts

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 : HGChristie Ltd.