MOTIVATED SELLERS! Welcome to the Gilford Terrace condo association, tucked out of the way for some peace and quiet but incredibly close to all amenities that the southwestern shores of Lake Winnipesaukee have to offer! This pet-friendly two bedroom end unit provides cozy living space for a single person, couple, or small family. Rental opportunity is knocking for tenants occupying for 30 days or more; ask about recent rental income. A centrally located eat-in kitchen space serves as the hub for a full bathroom, second bedroom, and a convenient utility room with private storage exclusive for unit 10! Enjoy pleasant views of nature from the kitchen and living rooms, keeping parked cars and neighbors out of sight while natural light streams in. Here you are just a 5 minute drive from Gilford Beach, 7 minutes to the BankNH Pavilion (also known as Meadowbrook), and 11 minutes to the famous Weirs Beach. Funspot, the largest arcade in the world, is just beyond. LOCATION, LOCATION, LOCATION! Come see how life could be in the Gilford Terrace community and get ready to explore New Hampshire's picturesque Lakes Region.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $112,000 | $112,000 | $112,000 |
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 | $75 | $75 | $75 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $745 | $744 | $945 |
Total Monthly Payment | $895 | $894 | $1,095 |
* 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.