Summer’s sun is still going strong and the fall’s foliage will be shining brightly so here’s your opportunity to enjoy the best of New England in this quaint cottage with access to breathtaking Laurel Lake this year. It is only a 2 minute walk to the lake to capture the vistas of this piece of heaven with its pristine sandy beach to meet new friends. Anyone for a day of fishing bass and trout? How about a summer sail, a kayak excursion or waterskiing in your motor boat…better yet let’s all go for a party boat stroll around the lake. This cozy cottage will grab your heart. The minute you open its door you will feel the love inside. You will also feel the cool air streaming from the mini-splits in the hot summer months and in the cool fall months the heat will keep this cottage comfortably warm. This seasonal community is private and the property resides on leased land for $2700 annually. There is an updated kitchen to whip up your favorite summer delights, a dining room to spread out your puzzle pieces, a family room to make special memories and 2 extra comfy bedrooms. You don’t want to miss your happy place so come to the Monadnock Region of NH and enjoy a new life!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $126,800 | $126,800 | $126,800 |
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 | $127 | $127 | $127 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $844 | $843 | $1,087 |
Total Monthly Payment | $1,046 | $1,045 | $1,289 |
* 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.