NEW CONSTRUCTION--Looking for a 2nd "Get a way" home or your first home? This is it!! Low Tuftonboro taxes, a beautiful, private, wooded lot, public beach on Lake Winnipesaukee for residents just a short drive away! This custom, 3 Bedroom, 2 Bath home is perfect for year round or rent out when you are not using it. Spacious, open concept on the first level. Gorgeous kitchen with island, open to living room with gas fireplace for those cozy nights. First floor bedroom and 3/4 bath and 2 more bedrooms with full bath on the second level. Plenty of storage closets throughout. Shopping in Wolfeboro or Ossipee just a short drive, 1/2 hour to North Conway and mountains. Come live in the Lakes Area and enjoy snowmobiling, skiing, swimming, nature and ATV trails all close by. BUILDER IS VA APPROVED AND MILITARY REWARDS AVAILABLE ON THIS HOME (When using CBR to purchase) ($700 annual fee for road maintenance)
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,425 | $2,393 | $3,036 |
Total Monthly Payment | $2,500 | $2,468 | $3,111 |
* 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.