Rockhouse Mountain chalet in Conway, with a great floor plan. There are two bedrooms, but there is a 3 bedroom septic system installed, so you could possibly convert the extra large bedroom upstairs, into 2 large bedrooms, so that the property would have 3 bedrooms. There is a propane heat stove for heat and ambiance in the winter, and a nice covered front porch to enjoy in the summer and fall. The living room has elegant Brazilian red cherry flooring. A propane, hot water on demand system is an economical way to have abundant hot water. A new gravel driveway has recently been added. You have access to beautiful Conway Lake, for swimming and boating. This home is close to North Conway, and all that the Mount Washington Valley has to offer, including, golfing, hiking, biking, skiing, tax free shopping and fine dining. Easy to view, so consider looking today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $260,000 | $260,000 | $260,000 |
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 | $253 | $253 | $253 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,622 | $1,580 | $2,055 |
Total Monthly Payment | $1,950 | $1,908 | $2,383 |
* 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.