Builders Unit. Beachfront living at its finest. This 2 bedroom garden-style condo has direct ocean views perfect to the majesty that is the Atlantic Ocean! Ocean Edge is Hampton’s premier luxury complex centrally located between the Main Beach and North Beach at the foot of Boars Head on Rocky Bend. This garden-style condo is complete with 2 bedrooms; one of which, the spacious primary suite has sweeping ocean views. The open concept allows for the sun to fill the entire space — kitchen, living room and dining room and the 12 foot sliders leads onto the oceanfront private deck which is so relaxing as you watch the surf. From this excellent location, you can walk on the sidewalk to the quiet North Beach, or to all the fun at the Main Beach. You’ll be proud to call Ocean's Edge home. It is truly a one-of-a-kind property on Hampton Beach. This home has an assigned garage space and an assigned exterior parking space. An excellent and convenient location 15 minutes to Portsmouth, NH, 15 minutes to Pease International Airport, 20 minutes to Newburyport, MA and an hour to Boston, MA. Don’t miss this opportunity. Seller is a licensed NH real estate agent.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,920 | $639,920 | $639,920 |
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 | $1,077 | $1,077 | $1,077 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,257 | $4,253 | $5,487 |
Total Monthly Payment | $5,426 | $5,422 | $6,656 |
* 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.