Welcome to your mountain paradise! This spacious open concept three level 1, 090 square foot condo features a propane fire place with 15 foot ceilings, exposed beams from the original 1870's Carriage House and a cozy loft. This unit offers two newly painted bedrooms/bathrooms, perfectly positioned to take advantage of New Hampshire's legendary outdoor recreation. This upgraded condo consists of a New Pioneer Mini Split Heating/Cooling System, New Hot Water Tank, New Skylight and two updated bathrooms as well as an internal shared storage room. The famous Franconia Ridge Loop trail, renowned for its breathtaking alpine views, is just a short drive away. Winter sports enthusiasts can hit the slopes at nearby Cannon Mountain Ski Lodge, while summer visitors can explore the serene Lonesome Lake or challenge themselves with a hike to Cannon Summit. Whether you're an outdoor enthusiast, looking for a peaceful mountain retreat, or seeking a perfect balance of both, this property delivers the best of New Hampshire. **Sale of property is contingent upon homeowners finding housing prior to closing**
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $235,200 | $235,200 | $235,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $157 | $157 | $157 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,565 | $1,563 | $2,017 |
Total Monthly Payment | $1,797 | $1,795 | $2,249 |
* 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.