Solid 2 family in desirable Londonderry neighborhood. Live in one unit and rent the other to pay your mortgage! Or. . . Perfect opportunity for multi-generational living! This cute cape style property offers a spacious first floor apartment featuring 2 bedrooms & full bath, a sunny center island kitchen and dining room, a comfortable fireplaced living room, spacious 10x10 sunroom and a full finished basement! The second floor offers a 1 bedroom apartment with newer kitchen, full bath and large living room. Both units have individual parking areas and entrances. Separate electric and cable for each unit with first floor currently set up to pay for heat and hot water. Private 1. 55 acre lot with 1 car garage. This property presents a great opportunity for both the investor and owner-occupied buyer. Showings start Friday 11/15 with open house Sunday 11/17, 12-2PM.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $594 | $594 | $594 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,456 | $2,393 | $3,036 |
Total Monthly Payment | $3,125 | $3,062 | $3,705 |
* 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.