Looking for an afordable home, in the heart of the Seacoast? This charming, rehabbed manufactured home in River Run 55+ co-op park in Exeter is a must-see! Set on a rare oversized lot right on the banks of the Exeter River, this home offers a peaceful, private setting with all the updates you’ve been looking for. Updated, New roof, windows, flooring, paint, kitchen this home has only a few more items to finish (currently being completed) and is ready for you to move right in. Enjoy an enclosed & covered deck where you can unwind and take in the river views and a brand new 10x12 out side deck. Open, spacious layout with plenty of natural light throughout. 2nd Bedroom has the washer and dryer in closet area. The community has an amazing clubhouse—perfect for hanging out with neighbors or hosting events. Great Location: Just minutes to downtown Exeter, you’re close to shops, restaurants, hospitals, and all the best the Seacoast has to offer. Subject to Park approval & age restricted 55+ Quick Close Possible
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $72,000 | $72,000 | $72,000 |
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 | $82 | $82 | $82 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $485 | $479 | $607 |
Total Monthly Payment | $642 | $636 | $764 |
* 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.