This adorable well kept 3 bedroom ranch is tucked away in a quiet neighborhood just off Ocean Blvd. and only one block from the ocean. The first level offers 2 bedrooms and a full bathroom, a newly renovated kitchen, dining area, living room with a vaulted ceiling, and french doors that open to a study/den. On the lower level there is a one bedroom in-law apartment with a kitchen and living area with a separate driveway and private entrance just perfect for family and guests, or use as a family room, workout space; this space has loads of possibilities. The back deck overlooks a private back yard that abuts NH State owned land. This is a rare opportunity to live in the seaside community of Rye near the ocean; only a short walk (. 7 miles) to Wallis Sands Beach, and just ten minutes to Downtown Portsmouth. Showings begin Saturday 09/21/2024. at the Open House 12noon-2pm. Sunday Open House 12noon-2pm
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $711,200 | $711,200 | $711,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $455 | $455 | $455 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,818 | $4,207 | $5,858 |
Total Monthly Payment | $4,365 | $4,754 | $6,405 |
* 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.