Bring your ideas to this rustic two-bedroom Brentwood home with great bones. Oversized detached two car garage/workshop with newer metal roof and an additional section for a home business or convert to an accessory dwelling. Cedar siding on the outside and the main house has a new asphalt roof. House was raised and has new foundation and is set up to drop the first floor 8 inches to increase the headroom on the first floor and newer roof system includes all new rafters, collar ties, plywood sheathing and architectural shingles. Collar ties are raised up to 12 inches above existing ceiling height upstairs so that headroom can be increased in the future as part of any remodeling project. Newer chimney, furnace, duct work, hot water heater and pressure tank and home was rewired with a new 200-amp service. All on a nice wooded 1. 6-acre lot in the sought after SAU school system. Quality wood Stove for secondary heat will convey with the home. Excellent commuter location provides easy access to Routes 101 & 125 and 15 minutes to Routes 93 & 95 and just 10 minutes to the train station in Exeter. Only 20 minutes to the Beaches Lakes and airports.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $481 | $481 | $481 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,393 | $3,036 |
Total Monthly Payment | $2,951 | $2,949 | $3,592 |
* 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.