Nestled amongst tall trees and only 50' from the water, is the most intriguing cottage you may ever see. Located on Chase Island, Lake Winnipesaukee, this cottage is only 8 years young. It was constructed with every intent to create "a private cabin in the woods". The attention to detail and uniqueness greets you upon stepping inside. The open design brings in natural light, showcasing unique post and beam construction throughout – a true creation of old meets new. Upstairs are two spacious bedrooms, the front one having a view of the lake. The lot is level, with 100' of waterfront, a warm and sunny southwest exposure and nightly sunsets. The 180-degree view takes in the lake, surrounding mountains, and islands including a loon sanctuary on Melvin Island. Enjoy the loons’ display of activity by day and listen to their call by night. A five-minute boat ride brings you to the mainland public dock, when you need groceries or boat gas. The store has everything you could need, including ice cream service! Come and see what living on island time is all about. Abutting property MLS #5010276 is available for additional purchase.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $452,000 | $452,000 | $452,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $170 | $170 | $170 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,746 | $2,746 | $3,572 |
Total Monthly Payment | $3,008 | $3,008 | $3,834 |
* 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.