***NO AGE RESTRICTIONS*** Welcome to the Condos at Main! These newly constructed 2 bedroom, 1 bath condos are in the heart of Pelham. This spacious unit features an open concept living and dining area, which is perfect for entertaining guests. The kitchen is nicely equipped with stainless steel appliances, quartz countertops, ample cabinet space, and an island with plenty of room for seating. Right off the dining area, you'll find a sliding glass door leading to a deck perfect for relaxation. The light and bright bedrooms are generously sized with accompanying closet space and cozy carpeting. The full bathroom has modern fixtures and tile flooring. This home boasts 9-foot high ceilings, an entry closet, conveniently placed in-unit laundry hookups, central air conditioning, and a copious storage space in the basement. Each unit has its own private septic system and water provided by Pennichuck. Pets are allowed with prior approval. Located in the center of Pelham, you'll have easy access to shopping, dining, and Rt 93. Don't miss out on this fantastic opportunity to own one of six brand new condos in a prime location. *Some photos may be from the model unit*
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $351,920 | $351,920 | $351,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,401 | $2,339 | $2,968 |
Total Monthly Payment | $2,476 | $2,414 | $3,043 |
* 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.