Announcing Special Builder financing arrangements have been made! A 1% rate buydown and a long term rate lock for up to 9 months to celebrate the beginning of the construction which is now well under way for Londonderry's newest non-age restricted townhouse duplex condos. Each of the five buildings has only 2 units! A total of 10 units! They are all end units!! Centrally located on route 102 with access to route 93 and route 3. This model has almost 2, 000 sq ft of living space. The first building is now being famed for a September delivery date. Now is the time to choose your interior colors. Upgraded interior includes Oak hardwood or luxury vinal plank flooring in living area and stairs to 2nd floor. Baths with tile flooring! The living areas is open with a 25' living room. Main living area has an open living area design, sliders to deck or walk out patio for enjoying your morning coffee or cool evenings to unwind. The upper level with main primary bedroom features two walk in closets. Double sinks in vanity in full bath. Floor plan design includes a 3rd room office/den on the upper floor for privacy for your work-at-home needs. Low condo fee! Projected to be under $200 per month. Watch for our rolling out of our Open house stating in Late June or call your REALTOR today to reserve your unit now!. . . First homes are to be delivered in late September/October 2024. .
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $455,920 | $455,920 | $455,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,033 | $2,995 | $3,845 |
Total Monthly Payment | $3,125 | $3,087 | $3,937 |
* 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.