One of 6 lots available in the Highway Commercial Zone on Calef Highway, in Epping. High visibility location on NH Rte. 125/Calef Highway Northbound Lane (East Side) of the Highway located at the intersection of Rte. 87 (aka Hedding Road). Approximately 21, 000 VPD (2015 data). This Lot is 12 acres with generous building envelope and 500’ of frontage on 125 Calef Highway, and 4698 on State Route 87 (wetlands, setbacks and buffers are designated on the approved plans). Current zoning is HC – with many permissible uses (see attached zoning for HC). Easy access to NH RT 101 and close to all major commuter Routes, to Manchester, Concord, Portsmouth, the Seacoast and Mountains Region, Manchester-Boston Regional and Portsmouth Airports. Will permit for additional fees. Broker Interest
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,456 | $4,459 |
Total Monthly Payment | $3,552 | $3,548 | $4,551 |
* 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.