Beautiful and bright TOP FLOOR unit with wooded views and many upgraded features at Ray Farm Condominiums! This like-new home is located in a highly desirable 55+ community in Exeter, NH and includes beautiful hardwood floors throughout and lots of natural light! Additional upgraded features include quartz countertops, upgraded appliances, and a larger private storage unit in the heated garage where you also have access to 1 deeded parking space. There is elevator access from both the garage & the lobby, and additional parking outside. As you enter the unit you'll find the open concept layout is wonderful for entertaining and the gas fireplace & mantle in the living room create a warm & inviting space! The spacious living area and abundance of windows provides an airy feeling with pretty views of the outdoors & wooded areas. Enjoy expanded living space on your private back deck without any neighbors in view. The kitchen features a large island, gas stove, lots of cabinet space & pantry. Both bedrooms and bathrooms are nicely sized and the primary includes a custom tile shower, dual vanity, walk-in closet, and an extra nook that can be used for an office or small reading space. This unit really stands out with many thoughtful details and its brand-new feel as it's hardly been used by its current owner. Community amenities include a beautiful clubhouse with kitchen, lounge area, workout space & patio with grills. Open House Wed. 9/18, 1-3pm.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $496,000 | $496,000 | $496,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $837 | $837 | $837 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,300 | $3,297 | $4,253 |
Total Monthly Payment | $4,229 | $4,226 | $5,182 |
* 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.