The Paddocks; Gilford's newest high end neighborhood with beautiful views, oversized private lots and an amazing location. This is phase II of the land being subdivided, phase I, the Orchard has sold out and has exquisite homes already done. The home to be built will your dream home; a beautifully open modern farmhouse with spectacular kitchen, open to a livingroom with soaring ceilings and firplace, primary suite and a guest suite also on the main floor. The second floor family room and bedrooms will be a great sanctuary for guests or kids. The floor plan and home can be adjusted or customized to suit your needs and tastes, and working with one of the finest builders in the Lakes Region will make the process smooth and seamless. The lot features a gracious setting with bridge-like entrance weaving through the lower area to the building site. This home will feature mountain and woodland views and be nestled in privacy and serene country ambiance. Access to Mount Major hiking trails is nearby. The neighborhood is just a short distance to Gunstock Resort, Lake Winnipesaukee, golf and all of the four season amenities the Lakes Region has to offer. Can be purchased as land only and hire your own builder see MLS#4990803. 2 lots sold, 3 left, don't wait! Buyer must close on land first which is independent of builder package.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,980,000 | $1,980,000 | $1,980,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,398 | $12,515 | $16,708 |
Total Monthly Payment | $11,523 | $12,640 | $16,833 |
* 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.