Valley Stream Estates, Concord NH manufactured home on a nicely landscaped level lot. Custom features in the living room draw your eyes to the bowed wooden ceiling, rich colors adorn the walls to make this room a cozy gathering area. The kitchen is galley style complete with a gas stove and a dishwasher. There is a bright transitional open space to support a kitchen table with, full sized windows and more great built-in shelves for added storage or to display treasures. This home has 1 bedroom and 1 bath. The tax card says 2 bedrooms, the homeowner decided the best use of the space for the second smaller room is now the laundry room with storage cabinets. The bathroom tub was replaced with a large shower. Location of the primary bedroom is at the back end of the home. There is a beautiful semi-private side yard to enjoy the outdoor New England 3 seasons out of the year. Valley Stream Estates is an established park on level land with bountiful mature trees and conveniently located to shopping, restaurants and very easy access to commuter routes of interstate 93 and 393. This is a 1973 manufactured home with valuable efficiency updates- 2" Styrofoam insulation under the vinyl siding, metal roof, Harvey brand windows, some plumbing and wiring improvements. Due to the age of the home, it will require a CA$H buyer. Contract is contingent on park approval.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $52,000 | $52,000 | $52,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $90 | $90 | $90 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $359 | $346 | $439 |
Total Monthly Payment | $524 | $511 | $604 |
* 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.