Modern Farmhouse in the Mountains. This To-Be-Built 2, 900 square foot home built by Lloyd and Craftsman will enjoy direct views to Cathedral Ledge, Black Cap and Kearsarge North. Designed for luxurious living in the private development of Lucy Brook. The open floorplan will feature a fireplace in the living room and a custom kitchen design that will be tied together with wood accents and vaulted ceilings. A separate office or TV room gives owners flexibility. The first-floor primary suite is equipped with a soaking tub, custom tile shower, walk in closet and a bank of windows to take in the view. A covered entryway will welcome guests, and the back patio will be the place to gather in the warmer months. An oversized 2 car garage will allow space for a workbench or sports equipment. Bedrooms 2 and 3 are located on the 2nd floor and share a bath. The lower level is designed with egress windows, and could be the perfect place for additional living space. The home will be sold fully landscaped, with a paved driveway and irrigation system. Custom changes to the design are welcome. Welcome to your new address in the mountains located 3 minutes from North Conway Village dining & shopping, and walking distance to Diana's Bath and the State Forest.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,020,000 | $1,020,000 | $1,020,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,952 | $6,447 | $8,607 |
Total Monthly Payment | $6,077 | $6,572 | $8,732 |
* 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.