It is like single family living in Salem, NH. This Fantastic Apartment is located on a quiet city lot and is walking distance to Tuscan Village and Salem’s well maintained Rail Trail. Living minutes away from everything including I 93 for Boston Commuters. Enjoy 2 off street parking spots, 2 private entrances, a back deck and plenty of green space. The Apartment features a large eat in kitchen with updated appliances, modern bathroom, and a primary bedroom with new carpet. The main level is completed with a Den/Office located off the kitchen. In the basement there is a large bonus/recreation room and unfinished space for storage and in apartment laundry. The landlord provides water/sewer, landscaping, and trash removal as part of the rent. Tenant responsible for Electric, Oil, Phone, Cable, Internet, and snow removal. No Dogs, Cat possible and No Smoking allowed. A minimum credit score of 700 is required. Application process is through Rent Spree which requires the applicant to pay a fee.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,080 | $2,080 | $2,080 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $13 | $13 | $16 |
Total Monthly Payment | $88 | $88 | $91 |
* 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.