This stately home offers exceptional value for primary or secondary homeowners. It is located in a quiet neighborhood close to Conway Lake, which has public beach and boat access. The home has many highly sought after features including a two car garage, three season room and a large mudroom with first floor laundry service. The spacious living, dining, kitchen area has a built in propane fireplace accented by several handcrafted cabinets and rich hardwood flooring. There is a first floor ensuite with a custom bathroom and walk in closet. Also on the first floor is a den with custom touches. Upstairs are two large and sunny bedrooms with their own bathroom. The garage has space for two cars and plenty of storage and there is a hook up for a portable generator to run the home in the case of a power outage. There is access directly to the large basement from the garage and the basement leads directly out to the back yard. This area could be finished for additional living space. All of this just a short drive to North Conway or Fryeburg ME.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $388,000 | $388,000 | $388,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $490 | $490 | $490 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,581 | $2,579 | $3,272 |
Total Monthly Payment | $3,146 | $3,144 | $3,837 |
* 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.