Incredible opportunity to own on Bear Island with fantastic, southern views of the Belknap Mountains! This three-bedroom, two bath home built in 2003, sits on 1. 28 acres with approx. 228' of frontage on Lake Winnipesaukee. The expansive wrap-around deck is perfection, offering so much room for either just simply relaxing or hosting and entertaining guests. Inside the home is a bright and open living space including kitchen, family, and dining areas, with lots of natural sunlight. Conveniences of this island home include: gas fireplace, UV water filtration system, dishwasher, washer, and dryer. Additionally, there is a very large workshop on the property, as well as two other outbuildings. Lakeside features include walk-in, sandy-bottom, water access and a permanent dock situated in a protected cove. The cottage is only minutes to Cattle Landing public parking and docking on mainland in Meredith, with other options for marinas and parking also nearby. This is a Winnipesaukee gem. Available separately for purchase: Hampton 2020 20’ Pontoon Boat.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $840,000 | $840,000 | $840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $659 | $659 | $659 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,509 | $4,969 | $6,919 |
Total Monthly Payment | $5,293 | $5,753 | $7,703 |
* 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.