Don’t miss this opportunity to own a charming 3-bedroom, 2-bath Cape in the Oyster River School District! This home offers a flexible floorplan with an in-law suite. The first floor features a kitchen with solid wood cabinets, an eat-in area, and a spacious living room with hardwood floors and a cozy wood stove surrounded by brick. Down the hall are two bedrooms, a ¾ bath with laundry, and a beautiful 3-season room with walls of windows to enjoy the surrounding nature year-round. The second floor includes a living room, kitchen, bedroom, and another ¾ bath with laundry hookup—ideal for an in-law suite or a create a layout to suit your needs. Need more space? Two rooms in the lower level are perfect for an office, craft room, or playroom. Situated on a 1. 01-acre corner lot, this property includes an above-ground pool, a detached 3-car garage with electricity, and two sheds for ample storage. Conveniently located near major commuting routes, this home is ready for you to make new memories in. Showings begin at Open House on Saturday 12/7/2024. Property is being sold AS-IS
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $425,600 | $425,600 | $425,600 |
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 | $724 | $724 | $724 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,796 | $2,829 | $3,589 |
Total Monthly Payment | $3,612 | $3,645 | $4,405 |
* 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.