BUILD YOUR DREAM HOME IN THE HEART OF THE LOON MOUNTAIN VALLEY WITHOUT THE LIMITATIONS OF ARCHITECTURAL OR HOA RESTRICTIONS- This idyllic location on a quiet cul-de-sac in Lincoln offers up views to the south, east, and west. You will have great southern exposure throughout the day while enjoying views of Loon's South Peak from your front porch, and sunset views over the mountains to the west. Wooded trails are just a short walk away while everything the town has to offer is also within a short drive or even just a 10 minute walk! This 0. 41 acre lot has been surveyed, partially cleared, and has 99 feet of road frontage as well as town water and sewer on-site. Valley View Lane is a 600' road with only 6 current homes and this vacant lot. Building opportunities like this are scarce in Lincoln and rare to the market. Do not let this one pass you by!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $171,920 | $171,920 | $171,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,144 | $1,158 | $1,474 |
Total Monthly Payment | $1,219 | $1,233 | $1,549 |
* 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.