Back on the market, one persons loss could be your gain. Move in ready condo in a beautiful and peaceful 55+ condominium development, they do allow some under 55 but only one spot remains (no kids). This unit is vacant and available for a quick close. The unit has two bedrooms, kitchen, full bath, 3/4 bath and an open kitchen and dining area. The unit is on the second floor in the back of the development with a bright and airy sunroom looking out to the wooded area behind. The unit was just freshly painted, new luxury vinyl flooring in 2020, the hot water heater was replaced 2 months ago and the heating system was replaced in 2020. Nothing to do but move in and relax. Centrally located in Londonderry and only 2 miles from Route 93, close to Manchester and Londonderry shopping.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $243,920 | $243,920 | $243,920 |
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 | $328 | $328 | $328 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,643 | $1,621 | $2,057 |
Total Monthly Payment | $2,046 | $2,024 | $2,460 |
* 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.