TO BE BUILT- Brand new quality built classic cape style home with 2 car garage, in a dream location. Nestled on over 2. 5 acres of beautiful farm land, the options here are endless. Plenty of room for homesteading, horses, gardening, pets, & a huge yard for children to run! Sit on your back deck and watch the sunrise! This open concept home has an abundance of natural light with 1733 sq. ft of living space, 3 bedrooms and 2 full baths. This home also offers the master bedroom + laundry on the first floor with waterproof LVP flooring, which is great for children, pets and the four seasons of New England. Second floor has 2 generous bedrooms with a flex space between them, which would work great for a play area or home office. Sits on a full walkout basement with 6 ft double doors. Drive your lawn-mower or ATV right in the basement for easy and convenient storage. Estimated completion is 12-16 weeks after contract is signed. Agent is related to seller.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $412,000 | $412,000 | $412,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,707 | $2,738 | $3,474 |
Total Monthly Payment | $2,799 | $2,830 | $3,566 |
* 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.