Nestled along the serene banks of the Merrimack River, The Meridian at Bedford is an 85-unit multi-family apartment building offering an idyllic retreat with garden-style living. Choose from a selection of floor plans, including studios, one-bedroom, and spacious two-bedroom units, each fully renovated with premium upgrades such as new flooring, custom kitchen cabinetry, granite countertops, stainless steel appliances, and sleek modern fixtures. This property boasts an array of brand-new, high-end amenities designed to elevate both comfort and entertainment. Residents can relax in the stylish common lounge with gaming area, enjoy the rentable bar and media room, or stay active in the state-of-the-art, commercial-grade fitness center with a dedicated cardio room. Surrounded by meticulously landscaped grounds, the Meridian provides direct access to the scenic Heritage Trail, perfect for nature walks and offering stunning views of the Merrimack River and the area's iconic bald eagles. Additional conveniences such as conference and Zoom meeting room, a dedicated dog wash and pet spa, bike storage room, package concierge, and professional on-site management ensure a seamless and stress-free living experience. These carefully curated amenities elevate The Meridian at Bedford, offering residents the ideal blend of luxury and practicality, all within a serene, natural setting.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,720 | $1,720 | $1,720 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $11 | $11 | $14 |
Total Monthly Payment | $86 | $86 | $89 |
* 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.