Escape to Lake Winnipesaukee in Style! Nestled in the sought-after Hi Spot community on stunning Paugus Bay, this meticulously updated 4-bedroom, 2-bathroom condo is your dream lakeside retreat. With deeded mooring rights and a location that boasts breathtaking sunset views, this home is perfect for year-round enjoyment or as a lucrative short-term rental opportunity. Step inside to discover a completely remodeled kitchen and bath, designed with modern finishes that blend luxury and functionality. The light-filled open layout features a spacious primary bedroom with its own private balcony—your personal haven to unwind and take in the lake’s beauty. A second double balcony offers ample space to savor sunset dinners and relaxing evenings. This boutique community is the epitome of lakeside living, with shared beach access, a swim platform, and even a tiki bar for summer fun. Located just minutes from premier attractions like the Bank of NH Pavilion, Gunstock Mountain Resort, and a variety of restaurants and shops, this property combines tranquility with convenience. Whether you're seeking a perfect vacation getaway or an income-generating property, this Hi Spot condo offers it all. Don’t miss your chance to own a piece of the Lakes Region lifestyle!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $639,200 | $639,200 | $639,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $493 | $493 | $493 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,146 | $4,093 | $5,308 |
Total Monthly Payment | $4,731 | $4,678 | $5,893 |
* 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.