Rare opportunity! NH Cottage on Lake Umbagog! 100' of frontage on the Lake, gorgeous mountain views. This beautiful property consists of 2. 4+/- acres of land and boasts a 3 car garage with plenty of storage and custom woodwork, 2nd story could be converted into additional living space. Paved driveway/ROW. Front entry has small deck, back entry has a covered porch area. The level wooded lot has a wonderful cookout area with patio overlooking the lake and mountains in the distance. This nicely updated cottage has 3 BR with 3/4 bath on 2nd floor, full bath with additional bedroom with laundry on first floor. Updated kitchen with SS appliances, custom cabinets with soft close drawers, custom faucet and granite countertops. The living room has a beautiful stone hearth with a Waterford wood stove from Ireland. The newer addition is a sun room that overlooks the property, lakes and mountains. This is a fantastic spot to boat, ride, fish or just enjoy the serenity! Boat launch and State park are walking distance.
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$1,300,000
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.795% | 6.472% | 5.966% |
Monthly Tax Payment | $91 | $91 | $91 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,987 | $6,488 | $8,706 |
Total Monthly Payment | $6,202 | $6,703 | $8,921 |
* 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.