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The principal and interest payment example is based on 30 year fixed rate mortgage with a 20% down payment (80% loan to value) with an assumed interest rate of 3.5%. Example does not include any discount or origination points or other lenders costs. Taxes and insurance premiums are not included in the monthly payment. No private mortgage insurance (PMI) is required in this example. 30 year mortgages are amortized over a 360 month period.


Living inChelsea, MI

Chelsea, Michigan is a picturesque city located 15 minute west of Ann Arbor.  It is a close knit community that places importance on education, the arts, local businesses, great food and healthy living.  Downtown Main Street is home to speciality shops, galeries, gift boutiques, markets, restaurants, breweries and home to Chelsea Milling the makers of Jiffy Mix.

Nature enthusiasts can hike, bike and ski the 25,000 acre Waterloo Recreation Area.  Home of the Purple Rose Theater founded by actor Jeff Daniels, a commitment to the arts is a vital part of the community.  
Chelsea is an ideal place for seniors with outstanding health care facilities and educational opportunities.

Residents can easily commute to Ann Arbor or Jackson via I 94. 

Overall a great experience completing in a rush. Selection process was easy and very pleasant experience.

John & Nicole