Welcome to The Oaklands. This 2 bed, 1 bath condominium offers 972 square feet of updated living space. The interior features a bright & open layout, filled with abundant natural light. Updated flooring throughout creates a warm & inviting ambiance. The spacious, freshly painted rooms, including the primary bedroom, dining area, & living room, provide ample space for relaxation & entertaining. The unit has central air conditioning. The kitchen is equipped with ample cabinetry & new stainless steel appliances, offering a functional & well-designed workspace. The bathroom has been updated & includes bright lighting. The property has an on-site, coin-operated laundry room. There is additional unit storage space that ensures plenty of room for personal belongings. Pets are allowed in this community. Heat, hot water, water/sewer, landscaping, snow & trash removal, and maintenance of the building & road are all included in condo fee. Centrally located, this home is close to downtown Exeter & offers easy access to Route 101 and surrounding areas. Ample parking, including 2 assigned parking spaces plus additional shared visitor parking, provides owner & guest convenience. This home is ideal for those seeking a comfortable, quiet living space or an investment opportunity.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $223,920 | $223,920 | $223,920 |
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 | $274 | $274 | $274 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,490 | $1,488 | $1,888 |
Total Monthly Payment | $1,839 | $1,837 | $2,237 |
* 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.