This property offers endless possibilities for someone looking to create their own peaceful retreat in the great North Woods. With easy access to shopping and the town of Groveton, you can enjoy the tranquility of rural living while still having conveniences nearby. The existing Cape Cod style home, though in need of major renovations, provides a solid foundation for your vision. Whether you choose to renovate and restore its historic charm or start fresh with a brand new dream home, the choice is yours. Imagine waking up to the beautiful distant views of surrounding hills and landscape, with the sounds of nature all around you. This acre of dry land offers plenty of space for gardens, outdoor activities, or simply enjoying the peace and quiet of the North Woods. Don't miss out on this opportunity to create your own slice of paradise in Northumberand. Contact us today to learn more about this unique property and start planning your future in this idyllic setting.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $76,000 | $76,000 | $76,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $96 | $96 | $96 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $512 | $505 | $641 |
Total Monthly Payment | $683 | $676 | $812 |
* 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.