Welcome to 307 Ocean Road in the charming city of Portsmouth, NH! This delightful home features 3 bedrooms and 2 bathrooms, spread across 1, 316 square feet of inviting living space. As you enter, you'll be greeted by a bright and airy atmosphere, with sunlight streaming through the windows, creating a warm and welcoming vibe. The open-concept design effortlessly connects the living room, dining area, and kitchen, making it perfect for hosting gatherings or enjoying a quiet evening at home. The kitchen is a true highlight, equipped with modern appliances and plenty of counter and cabinet space. Whether you're preparing a quick snack or a full meal, this kitchen is ready for all your culinary adventures. The primary bedroom offers a serene retreat, while the two additional bedrooms provide flexibility for guests, a home office, or creative space. Both bathrooms are thoughtfully designed with style and functionality in mind. Outside, you'll find a large, lovely, fenced in back yard with a back porch and patio area, perfect for outdoor activities, gardening, or simply relaxing in the fresh air. Situated in a friendly neighborhood, this home is just a short drive from Portsmouth's lively downtown, filled with shops, dining, and entertainment. Make this charming ranch home yours and enjoy all that Portsmouth has to offer!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $432,000 | $432,000 | $432,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | $463 | $463 | $463 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,874 | $2,838 | $3,616 |
Total Monthly Payment | $3,429 | $3,393 | $4,171 |
* 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.