NEW CONSTRUCTION Tri-Level TOWNHOMES - Limited availability! Ready for their first homeowners - these highly sought after limited-production Salem, NH townhomes tick all the boxes, blending convenience with sophistication. Adjacent to all that Tuscan Village has to offer, these homes just over the Massachusetts border in "tax-free New Hampshire" are perfect for the discerning buyer. Three levels of living provide a flexible layout and generous room sizes to accommodate a multitude of living arrangements. Ground Floor: Attached 2car garage, entry foyer, powder room, storage, living/bonus flex room with sliders that lead to dedicated outdoor deck with privacy fencing. Main Floor (2nd FL): Kitchen with quartz countertops, shaker-style custom white cabinets, eat-in island, all-stainless LG appliance package including gas range. Open area with plenty of space to cook, dine, entertain, and relax. Primary bedroom is also on this level, including en suite with dual vanity and Wilsonart stonelook surround. Dedicated laundry room with hook-ups. Top Floor (3rd FL): Large carpeted bonus/flex space, 2 generous bedrooms, full bath with tub and plenty of storage. Just outside your door, adventure, convenience, and fun at your fingertips with: easy access to Rte 93, Salem Rail Trail, grocery stores, restaurants, and all the offerings of Tuscan Village. Photos may be of similar model unit within same complex.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,125 | $4,121 | $5,316 |
Total Monthly Payment | $4,217 | $4,213 | $5,408 |
* 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.