A warm welcome to Canaan, NH! The location and ranch-style home is in a subdivision on a cul-de-sac, close to Dartmouth Hitchcock Clinic and Dartmouth College, which adds to its appeal. The primary suite with its large bathroom will be the envy of your friends and family. The two bedrooms provide ample space for comfortable living. LVP throughout the first floor gives the home an elegant touch, while the tile bathroom floors add durability and a modern touch. Having a cozy and comfortable Family Room is always a plus for relaxing and entertaining guests. Sitting on your screen porch will be a pleasure, enjoying the outdoors without the hassle of those pesky New England bugs. Enter the home through the garage with a mudroom and laundry room right there. The builder can accommodate a different interior floor plan since the house is not built. The photos attached are of previous homes that have been built in the last year and will give you an idea of the quality of the home you are purchasing.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $388,720 | $388,720 | $388,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,586 | $2,584 | $3,278 |
Total Monthly Payment | $2,661 | $2,659 | $3,353 |
* 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.