NEW PRICE! Riverwalk at Bedford (RAB) is a vibrant 55+ active adult community with 62 garden-style condominiums. This is the 2nd largest unit within RAB with a great floorplan totaling 1650 SF in move in condition. Luxurious Master ensuite with walk-in closet, dual vanities, 2 heads in the custom tile shower and a separate jetted tub. Separate laundry room and private office with door could serve as a 3rd bedroom for short term guests. The location within Bedford can't be beat. 2 minutes to Lowe's and Target. 6 minutes to Boston-Manchester Regional Airport and an abundance of shopping options within 5 minutes including Whole Foods, Trader Joe's and Hannaford and Market Basket is 10 minutes away. Below grade parking garage has 1 deeded spot. There's a game room, exercise room, theater room, Library and Cafe' are of which help make Riverwalk at Bedford the sought after landing spot for those that want to trade in lawn-care, snow removal and exterior building maintenance for more travel and leisure. The Heritage on the Merrimack walking trail is literally across the street which will take you from just north of the 293 bridge (over the Merrimack River) to the Ray Wieczorek Bridge alone the Merrimack River. Call for a private showing today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.161% | 5.152% |
Monthly Tax Payment | $550 | $550 | $550 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,430 | $2,396 | $3,137 |
Total Monthly Payment | $3,072 | $3,038 | $3,779 |
* 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.