Enjoy living in this beautiful area of Laconia located just a short distance from the shores of Lake Winnipesaukee. Open concept kitchen/eat in space and living room are filled with natural light. The kitchen features stainless appliances and granite countertops with tile backsplash and flooring. The living room has hardwood floors and a view out to the patio and private wooded back yard. The Primary bdrm has 2 closets and ensuite bath. 2 Additional bedrooms, full bath and laundry are located on the main level. The basement level is bright and spacious with 2 daylight windows and high ceilings. A partially finished room is used as craft room/office. The 2 car garage is located off the main living area and has a separate ceiling mounted heating unit. This quiet community of The Villas at Paugus Bay (Paugus Woods) is close to Paugus Bay, Weirs Beach, Gunstock Ski Area, Mt Major and many shopping and restaurant options. Please note there is a 99 year land lease. A land lease conveyance fee of $250 will be charged at closing. *Subject to Sellers finding suitable housing
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William Raveis Real Estate
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $335,200 | $335,200 | $335,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $361 | $361 | $361 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,230 | $2,202 | $2,827 |
Total Monthly Payment | $2,665 | $2,637 | $3,262 |
* 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.