There is a very unique little waterfront cottage in Alton Bay, Lake Winnipesaukee, cherished by the family since they built it in 1905. If you have been by on boat, you know this iconic landmark cottage! The unique bright colors both stand out and blend in to the surroundings beautifully. 2 Bedrooms, cozy story-book living area opens to wrap around porch. Bunkhouse for extra space. Due east orientation for beautiful sunrises and all day sun. Tax map shows 100' of waterfront, oversized 21x30' Trex deep water dock. Currently takes lake water for washing, making it truly seasonal, but buyer could put in a well. Don't miss this opportunity, for sale for the first time! Showings are on-going without delay, (no open house) so schedule yours now! Sellers would like some of the summer before selling, taking offers now. Please refrain from going on property without assistance, cameras will see you. Very convenient location easy access to all the Alton Bay and Lakes Region area restaurants, shopping, entertainment.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $921,600 | $921,600 | $921,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $800 | $800 | $800 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,452 | $5,825 | $7,902 |
Total Monthly Payment | $6,377 | $6,750 | $8,827 |
* 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.