This elegant & modern ranch-style home is located within Epping's newest 55+ community, Canterbury Commons, featuring 100 homesites with high-end finishes & feature many amenities including a community clubhouse, pool, pickleball court, & more. "The Martingale" is our largest ranch home plan & the most popular! The main level features an open layout and pre-finished hardwood flooring with living room gas fireplace to complete the common areas which leads to the primary bedroom. The kitchen is complete with a pantry, island, your choice of granite or quartz countertops, & stainless steel appliances included. The primary suite is large with no lack of storage & includes a spacious walk-in closet. The private primary bath boasts tile flooring, a gorgeous, tiled master shower, & double bowl vanity making this entire room an owner’s retreat! The 2nd bedroom & full guest bath has plenty of space for your guests to relax comfortably. Unit 42 also features an automatic generator, added peace of mind. Not to mention landscaping & plowing is done for you! Nestled just a 6-minute drive to Rt. 101 & the popular Brickyard Square.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $536,240 | $536,240 | $536,240 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,568 | $3,564 | $4,522 |
Total Monthly Payment | $3,660 | $3,656 | $4,614 |
* 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.