This wonderfully light-filled ONE-LEVEL DETACHED CONDO at desirable Summerfield of Amherst is ready for new owners! Set on a spacious CORNER LOT with nice privacy and house-like feel, the home's welcoming foyer offers a front row view of the stunning living room complete with VAULTED CEILINGS, HARDWOOD FLOORS and a pretty GAS FIREPLACE. . . a perfect spot to cozy up and watch the snow. The bright OVERSIZED DINING AREA sits at the back of the home with so much SUNSHINE pouring in through the remarkable PALLADIAN STYLE WINDOW. . . my favorite room of the house! Cook and entertain to your heart's content in the large kitchen with views as you wash the dishes along with so much STORAGE! A second bedroom is set off the foyer with french doors and makes a perfect guest room, OFFICE or both. Downstairs, a large partially FINISHED BASEMENT makes a wonderful playroom for people of all ages, an office, gym or theater. And there is still so much unfinished storage space remaining in this dry-as-a-bone basement. . . you can let your imagination run wild! Your heating bills will be happily low due to the NATURAL GAS fueled furnace and central AC while you enjoy all 54 MEADOW-LIKE ACRES of common land surrounded by pristine woods. This much loved 55+ community is conveniently located on the Hollis border, just minutes from Rt 101 and 101A, shopping, Amherst Village and the town's TOP RATED SCHOOLS. What could be better than a new home for the holidays?
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $512,000 | $512,000 | $512,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $787 | $787 | $787 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,363 | $3,403 | $4,318 |
Total Monthly Payment | $4,242 | $4,282 | $5,197 |
* 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.