Ready for new owners now, retreat to a place of tranquility and comfort in this spacious home on Magnolia Lane in Belmont. Located in a beautiful natural setting yet also minutes from all the area shops and restaurants as well as the Belmont Resident only Beach on Lake Winnisquam, this 55+ community offers the best of both worlds. Sit back and breathe in nature’s peace from the comfort of your patio or gather with friends and enjoy the on-deck bbq. Inside, this 3-bed 2-bath beauty will astonish you with its vaulted ceilings, airy open floor plan, and luxurious touches. From the gleaming stainless-steel appliances to the dual sinks and soaking tub to the front-loading washer/dryer, this home leaves nothing to be desired. Skylights and copious amounts of windows allow light to stream in from all directions, only adding to the incredible sense of spaciousness. A full basement provides even more space – put in a home gym, use for storage, set up a workshop, the possibilities are endless! Add in a garage and mature landscaping and you quite literally have the whole package! Don’t let this chance to live happily ever after in this rare union of setting and amenity pass you by!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $100,000 | $100,000 | $100,000 |
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 | $218 | $218 | $218 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $665 | $665 | $843 |
Total Monthly Payment | $958 | $958 | $1,136 |
* 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.