Here's your chance to own New Hampshire waterfront property at a reasonable price! Kayak or paddle board from your backyard. This super cute cottage has been completely renovated down to the studs with a second bedroom/bonus room added. Beautiful new kitchen and bathroom, vinyl plank flooring, insulation and new Harvey windows. The home is light and bright with a cathedral ceiling and an open floor plan. Interior drywall and paint scheduled to be completed prior to closing. Exterior siding to be completed as well. Still room to add your personal touches! Minutes from the Franklin Falls Reservoir with picnic tables, hiking trails, mountain biking or snowshoeing. Downtown Franklin offers the River Trail Walk, brewpubs and shops with I-93 and the outlets in Tilton minutes away. Don't forget to check out the Mill City Park at Franklin Falls. Secure your peace and solitude perched overlooking Gile Pond today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $236,000 | $236,000 | $236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $289 | $289 | $289 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,434 | $1,434 | $1,865 |
Total Monthly Payment | $1,798 | $1,798 | $2,229 |
* 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.