Urban luxury awaits you at Chinburg Development’s newest community in Portsmouth, Woodbury Reserve. Just 5 minutes from vibrant downtown Portsmouth, this new pocket community offers 4 attached units & 4 free-standing single-family units artfully designed with Portsmouth’s rich 400-year history preserved. The stylish “Tarquin Alpha” is an impressive floor plan with 2270 sq. ft. of spacious living offering 3 bedrooms & 2 ½ baths. The first floor presents a gracious, open concept with 9ft ceilings. A gas fireplace, kitchen island, hardwood floors, quartz countertops, 2 car garage, & oversized patio are just a few of the generous features included. The primary suite offers a luxurious bath with custom tile. Unit 5 offers an elegant touch of stone on the front exterior beams & a private patio. This home is well underway & ready for you to select your own finishes & be in your new home sooner! The experience is easy & exciting at Chinburg's state-of-the-art Design Center with all the latest styles & trends to choose from, & an on-staff Lighting Designer. Enjoy maintenance free living! Experience a mecca of dining, theatre, music, & shopping options. Gorgeous beaches, hiking trails & golf courses are a short drive away, & commuting to Boston & Portland is just an hour away! This Energy Star Certified home by 8-time EPA Sustained Excellence award winner Chinburg Builders checks a lot of boxes! Be in your new home this summer! Come see The Chinburg Difference; we love what we do!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,240,000 | $1,240,000 | $1,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.697% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,236 | $7,838 | $10,464 |
Total Monthly Payment | $7,361 | $7,963 | $10,589 |
* 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.