Coveted downtown condominium in historic Colonial Arms Building. 2682 square foot unit is located in what was once the barn to the original homestead. Enhanced by post and beam construction cathdral ceilings and open spaces. Fred Varney Inc kitchen is solid maple with complimenting granite counter tops and a large island. Beautiful rose wood colored bamboo flooring is attractive and durable. Open concept living dining area is perfect for friends and family. There is a walk in pantry and half bath/laundry room off living area. The primary bedroom offers views of the Back Bay and downtown Wolfeboro. Bath provides double sinks, ceramic tile flooring and tiled oversized shower. Guests will love the privacy of the upper level bedroom also with pretty lake vistas. Upper level loft area provides a large family/media area and overlooks the living area below. Unique and inviting this condominium is nestled in downtown Wolfeboro. Walk to all amentites, shops, restaurants, bike path, ski trails, walking trails, parks and the lake. Enjoy the lakes region year round with carefree living in the heart of the lakes and mountain. Note: HOA fee includes Property insurance for association liability and exterior of buildings. Seller to pay 12 months association condo fees on behalf of the buyer at closing. SELLER WILL PAY 12 MONTHS OF CONDO FEE AT CLOSING.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $396,000 | $396,000 | $396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $267 | $267 | $267 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,668 | $2,632 | $3,340 |
Total Monthly Payment | $3,009 | $2,973 | $3,681 |
* 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.