Potential view lot available off state maintained Route 175 in Thornton, offering multiple build locations including a lower and upper level location. There is a nice stone wall that bounds the front and extends up one side for easy identification. There is a deep dug well located at the top of the property, should you wish to use it, or drill a new modern one! The road frontage is approx 140 ft, and over 400 ft to the back boundaries. There is seasonal runoff from the mountain that dissects the land where a swale is located offering effective runoff management. Thornton is a great rural area at the base of the White Mountains and proximal to the Lakes Region. Owl's Nest Resort is just down the road offering an incredible golf experience with amenities galore including swimming and multiple restaurants. You'll find lots of outdoor activities such as paddling, hiking, biking, skiing and snowmobiling only minutes from this lot, including Loon, Cannon and Tenney Mountain. The local schools are just down the road and more shopping, cultural and healthcare options are only 1 short exit in either direction. Fall is the perfect time to begin your home building journey! Additional 0. 74 acre lot is available across the street, see MLS 5014486.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $53,600 | $53,600 | $53,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.161% | 5.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $326 | $321 | $420 |
Total Monthly Payment | $401 | $396 | $495 |
* 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.