Welcome to an incredible opportunity to move into Exeter, or buy an investment property with great rental history. This immaculate 2-bedroom, 1-bath, 972 sq. ft. condo on the 3rd floor at The Oaklands in Exeter is available for immediate occupancy. The unit has brand new carpet through out, freshly painted kitchen cabinets and contemporary wallpaper to add to it great features. This condo has a fully equipped kitchen, a bright and spacious living room, and a separate dining area, making it a comfortable and inviting place to live. The monthly HOA fee covers heat, natural gas, hot water, water/sewer, landscaping, A/C, and snow removal. Offering great privacy with serene wooded views, the property also has convenient on-site coin-operated laundry. Perfect for owner-occupancy or as an investment property. Located close to downtown Exeter, shopping, dining, schools and with easy access to Route 101. Pet-friendly community!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $199,200 | $199,200 | $199,200 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $251 | $251 | $251 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,325 | $1,324 | $1,680 |
Total Monthly Payment | $1,651 | $1,650 | $2,006 |
* 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.