"The Balsam" - One of the premier locations for Phase II in Ridge Field Corner- don’t miss the opportunity to secure your mountain view lot. This to-be built, craftsman style home “The Balsam”, will be constructed with the highest standards of home building with generous allowances for flooring, plumbing & lighting fixtures, cabinetry and countertops, landscaping, and appliances. Included are professional services with the interior designer to help design and make color and material selections and much more to bring your dream home to life. The open first floor has a beautiful great room with a gas fireplace and open kitchen/dining concept. The covered porch radiates a New England comfort that never gets old. The second-floor hosts 3 bedrooms, one being a large primary suite and large walk in closet. Conveniently, the laundry room is located on the 2nd floor. Additional living space could be finished off in the lower level or over the garage for a potential family room, bathroom, or sleeping room. Surrounded by 40+acres of common land, be one of the first to own one of the best locations in this luxury development community. Located centrally in the lakes region enjoy the convenience of the elementary school and library just down the street, Lake Winnipesaukee water access just minutes away and America’s oldest summer resort, Wolfeboro, a short 15 minute drive away. Home shown with available upgrades.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $791,200 | $791,200 | $791,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | $130 | $130 | $130 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,617 | $5,001 | $6,677 |
Total Monthly Payment | $4,839 | $5,223 | $6,899 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.