Discover this wonderful two-family home, ideally located in the heart of Nashua! This property is perfect for an owner-occupant looking to live in one unit (bottom unit) and rent out the other, with a long-term tenant already in place to help offset your mortgage. Each unit features 2 spacious bedrooms and 1 bathroom, offering comfortable living spaces. Both units come with separate utilities (except for water and sewer) for added convenience and privacy. Additionally, each unit has its own laundry hookups, making everyday living easy and hassle-free. With bright, inviting interiors and plenty of storage space, each unit feels warm and welcoming. Located close to shopping, dining, and public transportation, this home offers all the conveniences of city living while still providing a peaceful retreat. Don't miss out on this fantastic investment opportunity in Nashua!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $367,920 | $367,920 | $367,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.616% | 7.055% | 6.256% |
Monthly Tax Payment | $515 | $515 | $515 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,479 | $2,417 | $3,103 |
Total Monthly Payment | $3,069 | $3,007 | $3,693 |
* 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.