Back on the Market Due to Buyer Financing. Finally! An affordable home that is move-in-ready. Updated and remodeled, this 1985 2 bed 2 bath mobile home on the Farmington/New Durham line is ready for its new owners. You'll love how bright and welcoming this home feels, thanks to plenty of natural light. Recent updates include new windows, roof, and water heater. What hasn't been updated has been carefully maintained, so all you need to do is move in! The spacious kitchen and convenient laundry/bath are additional highlights. Situated in a quiet neighborhood, this home sits back from the road on a 1. 89 acre lot. The front yard is flat with plenty of room for outdoor activities. Looking for storage? You'll find plenty here with a detached 1 car garage and multiple sheds. Homes like this are increasingly hard to find. Schedule your showing and see for yourself today! Room measurements are approximate and should be confirmed by the buyer. House was moved in 1988. Will not likely go conventional financing.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $228,000 | $228,000 | $228,000 |
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 | $242 | $242 | $242 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,517 | $1,498 | $1,923 |
Total Monthly Payment | $1,834 | $1,815 | $2,240 |
* 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.