This 5 bedroom well maintained home, has been in the family for over 46 years. Located on 1. 69 acres, the rear of the home abuts 800 acres of conservation land. Raeder Drive, is a quite horseshoe road, and the property is set back on this rural setting, with a large plush lawn. Relax on the three season porch while admiring your large garden, wildlife and gorgeous sunsets. Only minutes away from shopping and dinning, while located just 37 minutes from Manchester, under an hour to Boston and Portland ME, and just 15 minutes away from the New Hampshire seacoast. The home is well appointed with many recent updates. A spacious 1st floor primary bedroom with En Suite, 1st floor laundry and large home office. Center stairway lead to 2nd floor with 4 bedrooms and full bath. The attached 2 car garage has interior access to basement, which also offers a gym, whiskey cellar, workshop, and ample storage. Stratham, NH. , offers a well respected school system, serving grades k-12. Seller's are providing a $3, 500. 00 closing cost credit.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $595,920 | $595,920 | $595,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $708 | $708 | $708 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,965 | $3,961 | $5,110 |
Total Monthly Payment | $4,765 | $4,761 | $5,910 |
* 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.