Your chance to have it all for under $400K! Seller says "Sell"! This huge price reduction offers an outstanding opportunity to own this beautiful, meticulously maintained turn-key 2-bedroom, 2-bath, ranch style condo for under $400K! Welcome to Morgan Farm Estates, an established 55+ community situated in a picturesque woodland. Enjoy the spacious, open concept in the main living area of the home accentuated by natural light and gleaming hardwood floors. A tiled kitchen boasting an island, custom cherry cabinetry and black granite greets you as you enter the front door and a generous dining area provides plenty of space for entertaining. The vaulted living room ceiling, and gas fireplace with blower are an oasis for relaxation or utilize the deck for quiet outdoor time. The large primary bedroom showcases a tray ceiling, private bathroom with a seated shower and his & her closets! Plenty of storage including the spacious, clean, insulated basement (or for finishing). The direct entry 2-car garage is also insulated, your cars will love that! Close to all commuter routes within the Greater Concord area, Manchester, the seacoast and Lake Winnipesaukee. HOA fee covers landscaping, trash removal, sewer, plowing (including shoveling walkways & stairs). Pets are allowed – what’s not to love? OPEN HOUSE BEING HELD SATURDAY, NOV. 16TH 12PM - 2PM or call for a private showing.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,600 | $319,600 | $319,600 |
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 | $508 | $508 | $508 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,126 | $2,124 | $2,740 |
Total Monthly Payment | $2,709 | $2,707 | $3,323 |
* 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.