Looking for the convenience of condominium living but don't want to live in a large complex? Thacher Commons is one of the few small condominium communities in Exeter. Its 22 townhomes are ideally located with easy walking distance to Phillips Exeter Academy and to the charming downtown Exeter area. Unit 14 has more than 2, 000 sq. ft. of well maintained living space over 3 levels. 9ft. ceilings, a garage and plenty of storage space. The main living area has beautiful gleaming hardwood floors, an open kitchen, dining area, and living room with a gas fireplace. A primary bedroom with a 3/4 bath and a second bedroom are located on the upper level. The lower level has a large bonus room which can be used as a family room, exercise area, or guest quarters. The unit has central air conditioning, 4 bathrooms conveniently located on all levels, an EV charging station, and both a private deck and patio looking out at abutting conservation land with nearby trails to enjoy. Townhomes in this complex do not come on the market often so don't miss this opportunity! Small dogs & cats are allowed with HOA Board approval. All appliances & water heater have been upgraded in the last 2-3 years. Showings begin September 3, 2024. There will be two Public Open Houses, Thursday September 5 th from 4-6PM and on Saturday, 7 th from 9: 30-12: 30PM.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $492,000 | $492,000 | $492,000 |
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 | $721 | $721 | $721 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,273 | $3,270 | $4,149 |
Total Monthly Payment | $4,086 | $4,083 | $4,962 |
* 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.