668 New Burlington Rd Wilmington OH 45177

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668 New Burlington Rd

Wilmington, OH 45177

Suburb: Chester Twp

$1,130,000

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Whether you're looking for a place to build your dream home, start a hobby farm, or develop a recreational retreat, this 56-acre parcel offers endless possibilities. Located on the property is a 10x14 shed. This property features a 44x59 Quonset hut with heat/air, electric, 2 12x11 overhead doors, and concrete floors. Also included is a 12x18 partially finished hunting cabin with 2 10ft covered decks. 42+/- acres tillable.

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Property Details

General Information

Property Type	Land
Style	Acreage
Suburb	Chester Twp
County	Clinton
Zip Code	45177
School District	Wilmington City SD
MLS#	1825370

Features

Total Acres	56.77
Easements	None
Frontage	0
Elevation	Rolling
Wooded	Partly
Cleared Acreage	0
Wooded Acreage	0
Water	At Street
Sewer	None
Gas	None
Semi-Annual Taxes	$367.00

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You can calculate the mortgage loan amount from the price of the real estate by providing the down payment percentage.

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Or if you know the price of the real estate and the loan amout and enter "0" for the down payment percentage, the calculator will calculate the down payment amount and percentage.

Points, Annual Property Taxes, Annual Insurance and Private Mortgage Ins. (PMI) are all optional. If you enter values, the periodic portion of each will be calculated and shown on the schedule. Property taxes and insurance are combined under escrow.

If a borrower does not have cash to cover at least 20% of the purchase price, some lenders will require the borrower to purchase private mortgage insurance (PMI) to cover against a possible default. Premiums are typically 0.5% to 2.0% of the original loan amount. The borrower can drop the insurance coverage once the mortgage balance is less than 80% of the original purchase price. The calculator handles this automatically. (There may be other conditions as well under which the lender will no longer require PMI. One such case might be apprciation of the real estate.)

Points are charges that are normally due at closing. Borrowers (normally only in USA) may select to pay a lender "points" up front in exchange for a lower interest rate. Points are expressed in percent and are calculated on the amount borrowed. 3 points on a $200,000 mortgage equals $6,000. If the user enters points, this calculator includes their value in the summary and as part of the total payment at loan origination on the payment schedule.

The term (duration) of the loan is expressed as a number of months.

60 months = 5 years
120 months = 10 years
180 months = 15 years
240 months = 20 years
360 months = 30 years

Need more options including the ability to solve for other unknowns, change payment / compounding frequency and the ability to print an amortization schedule? Please visit, https://AccurateCalculators.com/mortgage-calculator

The data relating to the real estate for sale on this web site comes in part from the Broker Reciprocity program of the MLS of Greater Cincinnati, Inc. Real estate listings held by brokerage firms other than Comey & Shepherd Realtors are marked with the Broker Reciprocity logo or Broker Reciprocity house icon. The properties displayed may not be all the properties available through Broker Reciprocity.

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