Your brand-new manufactured home is in one of the most well-established communities along the New Hampshire Seacoast. There are two-bedrooms, two-bathrooms, and a bonus room. Multiple upgrades will be added to this new home including a fire place with built-in entertainment system, front loading washer dryer with an upgraded laundry room, tile back splash in the kitchen and crown molding throughout the house. Enter an amazing open concept kitchen with plenty of soft closing cabinets, and all stainless-steel appliances. You will have a dedicated dining space, living room, and breakfast bar with an abundance of natural light. The master bedroom has a large closet, private master bath with double sink vanity, and a oversized walk-in shower. The second bedroom is almost equal in size and has a large closet as well. The is a full-sized second bathroom that can be used for guests. Last you have a bonus room perfect for office, home gym, craft room or storage. There will be a newly paved driveway big enough for 2 cars, central air conditioning, landscaping and a slider to an outdoor deck. THESE ARE NOT PHOTOS OF ACTUAL HOME. You still have time to pick out colors and possible floor plan changes for incoming home. Smile, you just found your new home!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $311,200 | $311,200 | $311,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,070 | $2,068 | $2,668 |
Total Monthly Payment | $2,145 | $2,143 | $2,743 |
* 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.