New Construction to be completed in Dover. Woodland Estates is a beautiful emerging neighborhood of stunning newer homes in the heart of the Seacoast. This contemporary Farmhouse style has been thoughtfully designed with unique and classically inspired finishes. The open-concept first floor provides a great flow for entertaining with lots of natural light, and well-defined spaces. The builder is mindful of usefulness and elegance in the design, and there are several options both for customization and available upgrades. Gleaming wood floors with radiant heating are standard on the first floor as well as a spacious pantry. The living room will showcase an inviting gas insert fireplace, and the farmer's porch will feature a metal roof for those beautiful New England evenings. Bathrooms will offer tile flooring with options to customize. The second-floor bedrooms are planned for carpet. The primary suite will have a large walk-in closet, and the three additional bedrooms on the second floor all feature sizable closet space. Renderings provided are of similar homes, and all finishes and floor plans can be confirmed or improved with the builder. Room sizes are approximate. This wonderful opportunity in Dover awaits its new owners. Dover is a vibrant community offering year-round excitement with something for everyone. Easy commute to Portsmouth, Pease, The Naval Shipyard, and just over an hour to both Boston and the mountains!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $765,600 | $765,600 | $765,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $179 | $179 | $179 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,347 | $4,776 | $6,409 |
Total Monthly Payment | $4,618 | $5,047 | $6,680 |
* 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.