A rare find in the prestigious gated community of South Down Shores. A single family home with low fees. Set on the southern shores of Lake Winnipesaukee, this single family home sits on a very private cut de sac. A primary BR on the first floor with an open concept and vaulted ceiling. Enjoy the large deck with lots of privacy. 2 bedrooms and a full bath on the second level. A large unfinished walkout basement with natural light. A one car garage for the golf cart. Central A/C, a short walk to the beach, just a short walk to the beach. South Down Shores has access to 4, 000 feet of shore frontage on Lake Winnipesaukee, miles of walking trails, playground, tennis, basketball, & pickle ball courts, boat club, fishing jetty, beach, kayak racks, bocce ball, skating pond, cross country ski trail, snowmobile trails, and a skating pond. Attractions within 15 minutes: Gunstock Ski Resort, Bank of NH Pavilion, Lakeport Opera House, grocery stores, many restaurants, marinas, outlet shopping, hiking, golf, mountain bike trails, and so much more! Come view this rare opportunity in South Down Shores, Just $699, 900 Delayed showings until May 19, 2024.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $531,920 | $531,920 | $531,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $640 | $640 | $640 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,539 | $3,535 | $4,486 |
Total Monthly Payment | $4,271 | $4,267 | $5,218 |
* 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.