On the waters and with a gentle approach to the lake, this amazing Lake Sunapee property is available for the first time since 1959. Take a step back in time to this early 1900s seasonal cottage with 100 +/- feet of waterfront and a private dock. This 4-bedroom, 2-bathroom cottage has ample room for friends and family to stay and spend the summer months out on the lake or sitting on the screened-in porch taking in the fresh air and wildlife that surrounds with amazing views of Mount Sunapee and stunning sunsets. This is the perfect spot to go out on your boat, kayak or paddle board, go for a swim and go fishing. Lake Sunapee spans 4, 155 acres of pristine glacial water and is surrounded by the towns of Sunapee, New London and Newbury, one of the cleanest lakes in New Hampshire. There are many options with the property, including rebuilding and creating the home of your dreams. Close to many other local lakes and ponds, golf courses, hiking trails, and so much more. Just minutes to Mount Sunapee Resort for your winter and summer fun, plus only 30 minutes to Concord where you can find an abundance of shopping, dining, theater, coffee shops and amenities. Only two hours to Boston. This is what lake life should be all about.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,880,000 | $1,880,000 | $1,880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | $1,496 | $1,496 | $1,496 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,527 | $11,575 | $15,612 |
Total Monthly Payment | $12,148 | $13,196 | $17,233 |
* 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.