Embrace the chance to build your dream home on one of the last remaining lots in the prestigious Mountain Shadows community! This 1 acre, flat parcel offers a unique blend of serenity and accessibility, just over a mile from the charming village center and the pristine shores of Lake Winnipesaukee. This prime lot comes with an approved septic design, streamlining your building process. You'll enjoy a level landscape, perfect for your custom home. The surrounding open spaces ensure privacy while allowing you to revel in the natural beauty of the area. A tranquil pond across the road invites leisurely walks and peaceful picnics, enhancing your outdoor lifestyle. With Tuftonboro’s low taxes and top-rated schools, along with easy access to snowmobile and hiking trails, town beaches, boat launches, and a full-service marina, this property is ideal for those who seek both relaxation and adventure. Don’t miss this rare opportunity to create the life you’ve always envisioned in one of the area’s most desirable neighborhoods!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $140,000 | $140,000 | $140,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $931 | $930 | $1,181 |
Total Monthly Payment | $1,006 | $1,005 | $1,256 |
* 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.