If you're lucky, some day your dream new-construction waterfront home will arrive on the market. Today is that day, and this is that home. Part of Harbors on The Squam, a luxury 2-home subdivsion, this Squam waterfront home is a culmination of vision and execution, with a deeded dock, 3 acre lot, and almost 3, 000 sq ft of luxury. . For less than the price of a typical Squam Lake building lot you get this incredible package, all a mere 10 minute boat ride up the beautiful Squam River to the Lake itself. Imagine this amazing home, with such numerous design features: a 1st floor primary suite, open concept Great Room looking out to the water, 2 bedrooms and a finished bonus room upstairs, and a guest suite and family room in the walkout basement. Modern systems and amenities include propane heating, gas fireplace, central air, luxury appliances, private septic, drilled well, low-maintenance construction, spacious 2-car garage, patio, wooden walkway to a 40 ft dock, and a custom landscape plan in place. The home is located only a few minutes from RT 93 for easy access to Boston and southern NH, and is close to ski areas, restaurants, and the great community of Holderness. But above it all, there is Squam, at your feet and at your fingertips. NH's most exclusive and desirable lake, here now for you and your family, On Golden Pond with the lake trout and loons, for now and forever. Completion schedule for January. Renderings are of a similar home, specs will be provided.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,359,200 | $1,359,200 | $1,359,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,717 | $8,480 | $11,378 |
Total Monthly Payment | $7,842 | $8,605 | $11,503 |
* 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.