Buildings lots available in Lincoln! These sellers understand the importance of growing this close-knit community and have created 2 new building lots in the heart of the Village. Situated near the Library and very close to the General Store, Burnham Hall, and the Sport’s Field, you can soon live in this desirable hamlet in the Green Mountains. Lot 4 is a level 0. 32 acre parcel with a 3 bedroom wastewater permit that will share a community well and a septic system, both to be installed by the property owners prior to construction. With electric at the street, the infrastructure costs should be minimized compared to other rural building lots. Lincoln is an idyllic community with a preschool, elementary school, and communal gathering spaces, and is close to all outdoor adventures such as hiking, river swimming, and skiing in the most picturesque setting.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $69,600 | $69,600 | $69,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $463 | $463 | $587 |
Total Monthly Payment | $538 | $538 | $662 |
* 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.