Here's the chance you have been waiting for!! Classic, vintage 1960's lakefront Cedar log cabin located in Turtle Cove of the Ossipee Lake system, the water is calm here. This clean, neat and cozy log cabin has heat (floor furnace). Wonderful brick fireplace with bluestone mantle and hearth. Full length screen porch, 100 ft of level sandy beachfront. 3 bedrooms, 1 and 1/2 bath. Primary bedroom with balcony overlooks the lake. Low Freedom taxes. Seller has provided a current 3 bedroom septic design should it be needed. Ossipee Lake is awesome with multiple bays to cruise, sand bars to hang out at, main lake Mtn and sunset views!! Ten minutes +- to King Pine ski area and about 25 minutes to Conway. Start making memories today on the most affordable camp on the lake!!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $628,000 | $628,000 | $628,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $453 | $453 | $453 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,178 | $4,174 | $5,385 |
Total Monthly Payment | $4,723 | $4,719 | $5,930 |
* 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.