NEW CONSTRUCTION- PREMIUM LOT! Just a few homes left in our beautiful Parson Woods community! The ‘’Aurelia’’ plan on lot 34 features 3-bedrooms and offers an exquisite open concept living space. The wrap-around kitchen includes custom kitchen cabinetry and spacious island, pantry storage, sparkling stone countertops, and upgraded appliance package. 1st floor office and large mud room area. The upper floor has three bedrooms, with primary suite with large walk-in closet and private bath with tile shower. Two additional bedrooms, laundry room, and full bath on this floor. 2 car garage. Walk-out basement. Premium lot abutting wooded conservation land. Just a few homes left at Parson Woods, a brand-new neighborhood in a convenient location a short drive from downtown Portsmouth, major routes, and Seacoast beaches. Condominium association for low maintenance living! Community parks, rail trail connection, and beautiful landscaping throughout. Interior pictures of a similar home. Set up your tour today!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,100,000 | $1,100,000 | $1,100,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,419 | $7,043 | $9,357 |
Total Monthly Payment | $6,544 | $7,168 | $9,482 |
* 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.