Discover the charm of this classic 1830 New England farmhouse, nestled in the heart of the quaint town of Canterbury, NH. Conveniently close to Interstate 93, providing easy access to Boston, the White Mountains of NH, and the beaches of the ocean, this property features a sprawling corner lot adorned with apple and pear trees and a large open pasture. The old barn, recently stabilized with cedar posts, holds endless possibilities for restoration and creative use. Solar panels added in 2019 offer eco-friendly energy solutions, maintaining the property’s historic integrity while providing modern amenities. While the home needs some restoration, it boasts great potential to be restored to its original glory, offering a unique blend of historic charm and modern convenience.
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$489,000
William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $391,200 | $391,200 | $391,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $729 | $729 | $729 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,570 | $2,570 | $3,275 |
Total Monthly Payment | $3,374 | $3,374 | $4,079 |
* 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.