BURNS & EGAN REALTY GROUP, LLC HOMES FOR SALE BILLERICA, MA REAL ESTATE BILLERICA



22 FIELDSTONE LANE, Billerica, MA 01821

Single-Family

$809,900
Price

8
Rooms
4
Beds
2/1
Full/Half Baths
~Welcome To SUMNER FARMS~ Phase II Selling FAST! Billerica's Premier New Construction Subdivision Offering 61 Well Appointed Homes Sitting on Beautifully Landscaped 1-Acre Lots. Proven Local Builders w/ Over 25 Years Experience Building Homes Built w/ Integrity. Several Styles Of Building Plans To Choose. 22 Fieldstone Lane "THE PINEHURST" 40x28 Colonial w/ 24x24 Fam. Rm. Addition w/ Vaulted Ceiling, Gas Fireplace & 2-Car Garage. Beautiful Open-Concept Kitchen w/ Custom Cabinets (Many Colors to Choose), Granite Island & Counter Tops, Stainless Appliances. HW Floors On Both Levels, Tile & Granite in All Baths. 1st Floor Laundry Room, Full Baths w/ Double-Vanity Sinks. Generous Master Bedroom Suite w/ Master Bath w/ Tile Surrounded Jetted Tub & Large Walk-in Closet. Walk-up Attic & Large Walk-out Basement Allows Ample Opportunity For Storage & Future Expansion. Near Bedford & Carlisle Line. Great Commuter Location Close to Rts. 3, 95 & 495. Don't Wait, Homes Are Selling Fast!
Open House
Wednesday
August 14 at 5:00 PM to 7:00 PM
Open House Conducted out of 10 Fieldstone Lane
More Open Houses
Cannot make the Open Houses?
Location: 22 FIELDSTONE LANE, Billerica, MA 01821    Get Directions

Similar Properties




10 FIELDSTONE LANE, Billerica, MA 01821

Single-Family

$799,900
Price

8
Rooms
4
Beds
2/1
Full/Half Baths
~Welcome To SUMNER FARMS~ Phase II Selling FAST! Billerica's Premier New Construction Subdivision Near Bedford & Carlisle Line. Offering 61 Well Appointed Homes Sitting on Beautifully Landscaped 1-Acre Lots. Proven Local Builders w/ Over 25 Years Experience Building Homes Built w/ Integrity. Several Styles Of Building Plans To Choose. 10 Fieldstone Lane "THE PINEHURST PLAN w/ 3-Car Garage" 40x28 Colonial w/ 24x24 Fam. Rm. Addition w/ Vaulted Ceiling, Gas Fireplace & 3-Car Garage Under. Beautiful Open-Concept Kitchen w/ Custom Cabinets, Granite Island & Counter Tops, Stainless Appliances. HW Floors On Both Levels, Tile & Granite in All Baths. 1st Floor Laundry Room, Full Baths w/ Double-Vanity Sinks. Generous Master Bedroom Suite w/ Master Bath w/ Tile Surrounded Jetted Tub & Large Walk-in Closet. Walk-up Attic & Large Walk-out Basement Allows Ample Opportunity For Storage & Future Expansion. Great Commuter Location Close to Rts. 3, 95 & 495. Don't Wait, Homes Are Selling Fast!
Open House
Wednesday
August 14 at 5:00 PM to 7:00 PM
More Open Houses
Cannot make the Open Houses?
Location: 10 FIELDSTONE LANE, Billerica, MA 01821    Get Directions

Similar Properties




1 FIELDSTONE LANE, Billerica, MA 01821

Single-Family

$763,905
Price

8
Rooms
4
Beds
2/1
Full/Half Baths
~Welcome To SUMNER FARMS~ Phase 2 Selling FAST! Billerica's Premier New Construction Subdivision Near Bedford & Carlisle Line. Offering 61 Well Appointed Homes Sitting on Beautifully Landscaped 1-Acre Lots. Proven Local Builders w/ Over 25 Years Experience Building Homes Built w/ Integrity. Several Styles Of Building Plans To Choose. 1 Fieldstone Lane "THE LEXINGTON" Plan Offers 2570 SqFt. Of Living Space. 38x28 Colonial w/ 24x16 Fam. Rm. Addition w/ Vaulted Ceiling, Gas Fireplace & 2-Car Garage. Beautiful Open-Concept Kitchen w/ Custom Cabinets, Granite Island & Counter Tops, Stainless Appliances. HW Floors Thru-out The 1st Floor & Staircase, Tile & Granite in All Baths & 1st Floor Laundry Rm, Full Baths w/ Double-Vanity Sinks. Generous Master Suite w/ Master Bath w/ Tile Surrounded Jetted Tub & Large Walk-in Closet. 4-5 Bedrooms, Walk-up Attic & Large Basement Ample Opportunity For Storage & Future Expansion. Great Commuter Location Close to Rts. 3, 95 & 495. Don't Wait!
Open House
Wednesday
August 14 at 5:00 PM to 7:00 PM
Open House Conducted out of 10 Fieldstone Lane
More Open Houses
Cannot make the Open Houses?
Location: 1 FIELDSTONE LANE, Billerica, MA 01821    Get Directions

Similar Properties




8 FIELDSTONE LANE, Billerica, MA 01821

Single-Family

$751,435
Price

8
Rooms
4
Beds
2/1
Full/Half Baths
~Welcome To SUMNER FARMS~ Phase 2 Selling FAST! Billerica's Premier New Construction Subdivision Near Bedford & Carlisle Line. Offering 61 Well Appointed Homes Sitting on Beautifully Landscaped 1-Acre Lots. Proven Local Builders w/ Over 25 Years Experience Building Homes Built w/ Integrity. Several Styles Of Building Plans To Choose From. 8 Fieldstone Lane "THE LEXINGTON" Plan Offers 2570 SqFt. Of Living Space. 38x28 Colonial w/ 24x16 Fam. Rm. Addition w/ Vaulted Ceiling, Gas Fireplace & 2-Car Garage. Beautiful Open-Concept Kitchen w/ Custom Cabinets, Granite Island & Counter Tops, Stainless Appliances. HW Floors Thru-out 1st Floor & Staircase, Tile & Granite in All Baths & 1st Floor Laundry Rm, Full Baths w/ Double-Vanity Sinks. Generous Master Suite w/ Master Bath w/ Tile Surrounded Jetted Tub & Large Walk-in Closet. 4-5 Bedrooms, Walk-up Attic & Large Basement Ample Opportunity For Storage & Future Expansion. Great Commuter Location Close to Rts. 3, 95 & 495. Don't Wait!
Open House
Wednesday
August 14 at 5:00 PM to 7:00 PM
Open House Conducted out of 10 Fieldstone Lane
More Open Houses
Cannot make the Open Houses?
Location: 8 FIELDSTONE LANE, Billerica, MA 01821    Get Directions

Similar Properties



You know when you buy a home that your credit score matters, but do you see all of the numbers that matter to your financial picture when you’re buying a home? Your debt-to-income ratio is one of the most critical figures that will influence if you can get a mortgage and what type of rate you can get. 


What Is A Debt-To-Income Ratio?


This number is exactly what it states: the ratio of debt divided by your gross monthly income. Your credit report doesn't include any of this income information. This number is actually the best way to see if you’re living within your means or not. This way, your lender will know your monthly debt payments along with your monthly income.  


If your ratio of debt is high, you may not get a loan or get less desirable interest rates than if you had lower amounts of debt. Even if you have a high credit score, your debt-to-income ratio could affect these things. In reality, a higher debt ratio will make it harder for you to pay back your debt, so it’s important to you. 


How It’s Calculated


You can use an online tool to help you calculate your debt-to-income ratio. You can also use a simple formula if you’re up for doing some math yourself:


Divide your monthly debt payments by your monthly gross income then multiply that number by 100. For example:


Student loans: $400

Car loan: $300

Rent: $700

Income: $4,000 


1400/4000= 0.35 x 100= 35%


Household Ratio


You should also be aware of something called your household ratio. The household is the amount of home-related expenses which includes property taxes, prospective mortgage, home insurance, and more. These costs are divided by your monthly income to get this ratio as well. Obviously, your household debt adds to your financial commitments and is also put into consideration by your lender.    



What’s A Good Debt-To-Income Ratio?


It’s ideal that you keep your ratio less than 36%. Your household ratio should be even lower than this. It’s great to be debt free, but in the real world, that’s not always possible. Your best bet is to be responsible with your finances and work on paying your debt down as much as you can. Then, little by little all of the critical numbers that are required to get a mortgage will fall into place.  

    





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